Organic corn prices continue to hover near the $7 level, as imports into the US remain robust. Organic corn prices on the coasts are stable, hovering near the $330-$335 on both the east and west coasts (Pennsylvania and California). Demand remains stable.
The US Customs Department reported on Friday that organic corn imports in October increased by 23K tons to 25.2K tons. While the volume increased month-over-month, it was down approximately 42% year over year compared to the same period in 2019. Historically, a plethora of organic corn imports have made their way to the US in Q4. In 2019, slightly more than 63K metric tons of organic whole corn was imported into the US. This compares to approximately 74K metric tons of organic whole corn…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...