Organic feed wheat prices remain depressed along with organic corn prices. Organic feed wheat prices are hoving near the $6/$6.25 level FOB the farm. Low corn prices are making feed wheat less attractive and will likely continue to weigh on prices.
Food-processing companies have spent millions of dollars on testing and safety to stay in operation during the pandemic. Now they are looking to the next phase, which is determining how much of that spending is here to stay and how to get higher production in a new reality. Several producers have begun offering on-site tests at plants in areas with significant outbreaks. The cost to revamp the plants can exceed $100,000 per plant, according to a recent article in the Wall Street Journal.
Organic chicken slaughter by weight eased in the last week of…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...