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…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...