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.
Click here to learn more and sign up for a free 7-day trial!
12.12.2024
California LCFS credit volumes rise, prices fall week on week
California Low Carbon Fuel Standard (LCFS) credit volumes were up sharply while the average credit price declined in the week ended Sunday December 8, figures released on Wednesday December...
12.12.2024
Grease prices continue to soften while Gulf UCO trades stable to higher
The US animal fats and oils markets continued to show mixed dynamics on Thursday December 12, with tallow markets remaining notably quiet while grease prices continued to soften across...
12.12.2024
Looming port strike adds negative price risk to animal protein markets: sources
Negative sentiment continued to hang over the meat and bone meal (MBM) markets on Thursday December 12, although trading reports were limited throughout the day.
Much of the...