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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05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...