Canadian organic soybean and corn prices remain close to the levels that Fastmarkets is currently seeing in the Midwest. According to growers, offers for organic soybeans are close to 20.50 per bushel FOB on the farm in the Quebec and Ontario regions. Organic corn on the east coast of Canada is currently offered near $8 per bushel picked up at the farm. The organic grain prices that Canadian growers are offering are not a bargain relative to the Midwest, which has made the arbitrage to the U.S. East Coast difficult.
Imports From Canada Have Slowed
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