Merchandisers describe a slow period of organic corn trading activity. Growers remain bullish and continue to believe prices will rise. Feed mills and other end-users are bearish and believe prices will move lower.
There has yet to be a meeting of the minds. Prices continue to drift, edging lower. The slump in conventional corn has not helped the organic corn grower. Still, as conventional prices attempt to form a bottom, the grower will likely remain encouraged, keeping trading activity light.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...