Organic corn and soybean markets are fragmented and separated by a considerable distance. Issues related to supply and demand are frequently limited to individual trade flows but can apply to broader geography as well.
The Midwest is a key producing region for organic corn and soybeans, but there is relatively little demand there. Iowa organic poultry and some hog production is the exception. Significant demand exists on the East and West Coasts with a concentration of organic poultry producers in Pennsylvania and California.
East Coast pricing factors in the considerable freight costs required to move individual or small groups of rail cars or trucks over 1,000 miles to an end user. This limits the arbitrage potential for…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...