Organic corn prices in Europe remain elevated. The surge in conventional corn prices in the Black Sea region continues to help buoy organic corn prices in the region. Merchandisers are quoting organic corn out of Romania at 265-Euros per metric ton or $315. Organic corn prices in the PA region are steady but have edged higher and are quoted near $8.75-$9 per bushel. Prices in Romania, which is a producing region are equal to prices in Pennsylvania, which is a consuming region. This reflects the strong draw of conventional corn in the black sea region.
The rise in organic turkey slaughter which is a reflection of robust demand continues to be very impressive. The most recent data from the Federal Inspections Agency shows that organic turkey slaughter dipped slightly week over week, but is up on average over the past 2-weeks with the first week of November hitting an all-time high. Organic turkey…
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...