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.
10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...