Some organic traders are feeling optimistic about organic feed markets.  Overall economic conditions are seen as fundamental to growth demand for organic animal proteins. Having just negotiated a perilous episode of inflation – with its resulting demand-killing rate hikes – the near-term prospects are looking better at the outset of 2024 than in 2023.

In organic corn markets, we are much closer to a historical low than an historical high. In a theoretical range of $6 to $12/bu, there is room for optimism in organic corn markets.  Assuming supply does not move uncharacteristically, prospects for demand growth are good.

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