Organic corn prices are subdued and continue to have a difficult time gaining traction. Merchandisers are telling The Jacobsen that most of their clients are covered for the balance of 2020 and for Q1. Activity is light because farmers are unwilling to sell their organic corn for levels near $6 per bushel. Prices on the east coast remain stable near $305/$310 per short ton. Organic corn prices on the west coast are trading near $320-$330 per short ton.
Organic weekly egg production has broken out to fresh all-time highs according to The Jacobsen. The rise in production comes in tandem with an uptick in the organic layer hen flock size. This increase in production appears to be…
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...