Organic feed commodity markets continue unchanged as the new year commences. Besides the rush to service animal feeders over the course of the holidays, markets are slow. Broader economic conditions continue to be the most salient concern in 2024 insofar as demand for organic products is concerned. How will the consumer spend their discretionary dollars in the coming year? The following chart shows the pricing trend for organic corn and soybeans in 2023:
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04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...