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…
10.31.2024
US biofuel capacity, feedstock demand fall in August: EIA
US biodiesel capacity declined to a four-month low of 1.995 billion gallons during August, according to data released on Thursday October 31 by the US Energy Information Administration (EIA).
10.31.2024
December animal fats, oils prices decline amid uncertainties on 2025 tax credits
Spot trading in the US animal fats and oils markets was relatively quiet on Thursday October 31, with only a handful of trades agreed, with uncertainties about the tax...
10.31.2024
US pasture, range conditions decline further in October
Limited trade was reported on the US animal proteins market on Thursday October 31. Reported trades were within the previously assessed price ranges.
Pasture, range conditions
The national...