Food-grade corn is a small portion of both conventional and organic field corn markets, estimated at less than five percent, according to one major buyer. For some producers, it is an appealing marketing option, but this is limited by geography. Frito Lay in Sidney, Illinois contracts grain with 125 farmers within a 60-mile radius of the facility.
Non-GMO corn is a growing market, with non-GMO soybeans also showing considerable growth, according to merchandisers who described current sales volumes within the context of historical ones.
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07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
07.25.2024
Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...