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…
12.10.2024
September renewable diesel shipments to West Coast reach new high
September interregional shipments of biodiesel to the West Coast were down, while flows of renewable diesel (RD) to the region reached a six-month high, monthly data released on November...
12.10.2024
Gulf UCO prices continue to rise, Midwest fats remain ‘soft’
Prices for used cooking oil (UCO) delivered to the US Gulf Coast continued to climb on Tuesday December 10, even as markets softened in other regions.
Sizeable volumes...
12.10.2024
Bloodmeal prices rise with strong demand
Ruminant bloodmeal traded higher late Monday and on Tuesday December 10, up to $1,200 per short ton FOB Missouri River.
The move comes due to increased demand and...