Federal Reserve Actions Key to Persistent Organic Demand

Federal Reserve Actions Key to Persistent Organic Demand

Fastmarkets/The Jacobsen continues to hear that activity in the organic grain markets is light. Most of the bids – that are attempting to find price discovery – are much lower than offers coming from merchants and growers. The organic markets will need to continue to see demand from shoppers at supermarkets for prices to remain robust. There are few signs that consumers are slowing their spending on discretionary items, but economic data is pointing to a slowdown.

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09.20.2024

BOHO spread reaches two-month high

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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