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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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...