Organic feed markets are largely steady, with no major price movements in recent weeks. Organic wheat prices (Jacobsen-Fastmarkets Wheat – Organic – Midwest) have moved downwards on plentiful supply. As noted in previous commentary, the need to free up bin space for 2024 wheat has some organic operators marketing aggressively.
Several market participants have said that they intend to market organic wheat through conventional markets if offers are not forthcoming as June progresses. This is a viable contingency for organic operators with acceptable crop quality.
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...