Persistent dry weather in key crop producing areas has made for efficient corn and soybean harvest. Scattered showers across the Midwest and Plains last week did not meaningfully slow field work progress, as preceding dry conditions allowed soils to quickly dry while farmers stayed on task.
Dry weather is excellent for productivity this time of year but comes at the expense of organic small grain plantings. Merchandisers tell Fastmarkets that organic feed wheat supply has rapidly dwindled on the East Coast, sending spot transactions well into the $9 per bushel territory.
Drought in southeast Ohio has intensified, and crop yields there reflect this. Organic producers are seeing yields off by half in some cases where harvest is even practical.
As of October 27, we estimate over 70% of the organic corn crop is harvested. Early reports…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...