Smaller lots and out-of-spec organic corn were trading well below such prices, but this was to be expected with bins being cleaned out.
One merchandiser told Fastmarkets on Tuesday that there may be less organic corn carryover than once thought, and that sellers were beginning to draw a harder line on prices. That was juxtaposed with a need for storage space while the market moved closer to what may be a record harvest of organic corn and soybeans.
Organic wheat prices rebounded marginally after traders struggled to sell it earlier this summer. The volume of wheat sold into conventional markets will have helped considerably to ease any oversupply, following two successful organic winter wheat harvests in a row.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...