As harvest progresses in the U.S., merchandisers tell Fastmarkets that bids are strengthening in East Coast markets like Pennsylvania. Reports of $330 per short ton – $9.25 per bushel – on old crop corn is enough to make regional operators wonder what is going on with organic imports.
Market participants have speculated that striking dockworkers may have contributed to disrupting trade flows, but Fastmarkets cannot confirm this. Another theory is that the USDA’s Strengthening Organic Enforcement (SOE) is beginning to gain traction.
Rumours of a large load of organic corn at a major East Coast port is under investigation have been communicated, but Fastmarkets cannot…
02.28.2025
Chinese plant begins producing SAF, RD for export to Europe
China-based Jiaao Enprotech began production at its sustainable aviation fuel (SAF) and renewable diesel plant in Lianyungang in Jiangsu province in December, the company told Fastmarkets on Wednesday February...
02.28.2025
CWG bucks the trend in an otherwise sluggish week for fats and oils
After a sluggish week of trading, activity in the US animal fats and oils markets increased at the end of the month, with prices averaging mostly steady to slightly...
02.28.2025
Bloodmeal prices surge through February
Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...