Organic corn prices are slightly lower as growers move closer to hitting bids. Imported organic corn volumes were light in December, with nearly all imports coming from Canada. There appears to be organic cracked corn on its way from Turkey to the United States.
Demand continues to weigh on prices as the lack of discretionary spending due to higher interest rates weighs on organic animal protein sales. Strong cracked corn imports in 2023 and rising whole corn imports during the calendar year will likely lead to a rising carry-out, pushing stocks to use higher numbers.
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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...