Organic corn prices continue to seek a bottom, as an anticipated abundant harvest approaches. The Midwest organic corn price reflects a $7.35 per bushel midpoint, but some forward contracting is creeping below the $6 per bushel mark, pressuring spot prices as bin cleanouts continue.
Larger lots remain a challenge for major operators, but new crop will replenish inventories and will attract bargain hunters with storage.
Merchandisers tell Fastmarkets that on-time rail service has declined in recent weeks, after earlier reporting that indicated rail service had been reliable with plenty of cars available.
09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...