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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Weekly cattle slaughter forecast to remain below 2023 levels into June
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US hog slaughter
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