Organic corn continues to be the most active segment in organic feed currently. New crop organic feed corn is contracting across the range of The Jacobsen’s Organic Corn – Midwest pricing. Bids below $7.50 are common.
Organic soybeans, on the other hand, are finding fewer interested buyers. One large grower told Fastmarkets today that there are fewer bids now than they can remember for new crop organic soybeans. The only bid they have received is $19.50/bu. for organic soybeans meeting spec. Circumspect buyers are closely watching South American crop progress as well as geopolitical factors that may impact organic soybean imports.
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07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...