Organic corn prices have stabilized, and merchandisers report little activity. We continue to see a situation where end-users purchase organic grains using an inventory-as-you-go method, leading to unwanted volatility. Our view of the harvest is mixed for organic corn, as adverse weather affected crops inconsistently, and some organic producers realized better yields than anticipated.
Organic whole corn imports will likely be lower in the current marketing year. Argentina is expected to bring 60 percent of the 63K imported into the United States in the prior marketing year. Canadian organic corn imports have slowed from more than 5.1K per month to 3.8K per month over the last 12 months.
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09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...