Organic Corn Import Seasonally Decline in the H2

Organic Corn Import Seasonally Decline in the H2

 

There seems to be a stalemate in the organic corn market, and farmers are frustrated that organic prices have dipped. There appears to be enough corn around to keep a lid on prices. Imports eased in July according to The Jacobsen. Organic cracked corn imports did not make their way to US shores in July, which was somewhat of a surprise. This compares to more than 30K tons of organic cracked corn that was brought into the US in July of 2019.

Organic cracked corn imports for the 12-months ending July 2020 are down nearly 30% year over year compared to the same period in 2019. Organic corn imports are nearly unchanged year over year for the same period according to The Jacobsen. This in theory should be positive for prices, but with approximately 15-million bushels imported into the US (organic whole corn and organic…

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