Organic corn prices have steadily declined over the previous year as growers hold their positions, hoping for a market turnaround. Imports of organic cracked corn have persisted, but it is not officially tracked by US customs like organic whole yellow corn is.
Historically, the correlation between organic and conventional corn has been relatively loose, as we’ve discussed in previous commentary. Prices for The Jacobsen’s Organic Corn – Midwest have declined 31.5% above the period since last March.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...