Uptick in Trading Activity as Organic Corn Prices Slide

Uptick in Trading Activity as Organic Corn Prices Slide

Midwest organic corn prices have decreased, with merchandisers reporting bids near $8 and offers closer to $9/bu.  Organic feed wheat has dropped as a knock-on effect of falling prices for corn, a key energy component of organic feeds.  Bids for smaller lots of organic corn are reported below $8, as are loads out of Wisconsin, which are not reflected in Fastmarkets- Jacobsen “Corn – Organic Feed Midwest” prices.

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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