Organic Corn Trading Activity Increases as Organic Soy Markets Idle

Organic Corn Trading Activity Increases as Organic Soy Markets Idle

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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03.01.2024

Cold, Winter Weather Impact January Soybean Crush

Cold, Winter Weather Impact January Soybean Crush

**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

U.S. soybean crushing volumes totaled 195 million bushels in January, the USDA reported on...

03.01.2024

Week Closes with Active Gulf Market

Week Closes with Active Gulf Market

Used cooking oil (UCO) traded as low as 39.5 cts/lb into the Gulf market with bids and offers heard in a wide range over the last 24 hours. Offers...

03.01.2024

Animal Proteins – Friday

Animal Proteins – Friday

The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

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