Organic corn prices faced headwinds as global commodity prices eased. While it is stated prices on the West Coast are edging higher, the harvest has put downward pressure on organic corn prices on the East Coast. Despite a decline in imports of organic whole corn in the prior marketing year, growers appear to have enough organic corn in bins to compensate for a decline in organic whole corn imports.
Consumer demand for organic animal proteins at supermarkets has decelerated and could continue slightly decrease throughout the balance of the year. The main culprit will likely be the slow wage decline and the persistently higher at home food prices.
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09.19.2024
SAF roadmap, collaborations announced at Bali International Airshow
At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...
09.19.2024
US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say
The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.
09.19.2024
Animal protein prices steady; August cattle, hog slaughter down
US animal proteins were rangebound on Thursday September 19.
August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...