Organic wheat prices remain subdued, and prices are hovering near organic corn prices. In some areas where there are cash basis discounts, organic wheat prices are below organic corn prices. This comes despite soft red winter wheat prices above $6 per bushel on the CME. Hi-protein organic wheat prices in Europe from the Black sea region are trading near 270-280 euros per metric ton. Lo protein wheat FOB the Baltics are trading near 245-euros per metric ton. Organic corn prices in Europe remain steady with organic corn from the black sea region (mainly Ukrain) trading near 230-240 per metric ton.
Mobility trends are slowing, as the weather gets colder and COVID-19 begins to spread again. According to Google Mobility, the trend toward recreation and retail are down 18% over the past month. People appear to be spending more time in parks which is up 1% and at home which is up 4%. Transit is…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...