Organic wheat prices slide

Organic wheat prices slide

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.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

07.19.2024

EU imposes provisional anti-dumping duties on Chinese biodiesel

EU imposes provisional anti-dumping duties on Chinese biodiesel

The European Biodiesel Board (EBB) announced on Friday July 19 that the EU has decided to impose “provisional anti-dumping duties in its trade case against Chinese biodiesel entering the...

07.19.2024

Lard market jumps ahead of weekend

Lard market jumps ahead of weekend

Lard traded higher on Friday July 19 on a Chicago basis, up to 55 cents per lb, and choice white grease traded on a Chicago basis as well, steady...

07.19.2024

IA/MO/NE porcine bloodmeal prices up; other animal protein products down

IA/MO/NE porcine bloodmeal prices up; other animal protein products down

US animal protein prices were mixed to lower in the week to Friday July 19.  Market sources continued to not price pressure from lower soybean meal values and diminished...

Latest Tweets