Fastmarkets continues to hear about issues related to storing or marketing last year’s organic wheat crop, as a new set of issues arise from the 2024 one. Last year’s bumper organic wheat crop is occupying valuable bin space, and producers and traders have varying levels of urgency to move it out of the way.
For some market participants, a glut of marginal quality wheat prompted them to market their wheat through conventional channels. The resulting diminished organic wheat supply is causing some concern on the part of merchandisers. Regional supply issues may have an outsized impact on some trade flows, but overall organic wheat supplies remain robust.
The caveat is that quality declined significantly this year in some areas. This applies to the hard red winter crop as well as the soft red winter wheat that serves as a mainstay in animal feed…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...