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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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...