The coronavirus has failed to slow down the continued divergence between organic corn prices and organic soybean prices. While corn prices are attempting to test the $7 level for spot load picked up at the farm, organic soybean prices continue to test higher levels, moving up to $21 per bushel picked up at the farm (if you can find US domestic soybeans).
The Jacobsen believes that there will be additional upward pressure on organic soybean prices that will eventually…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...