Organic grain trading activity in Europe remains subdued. Organic corn prices are on the defensive as old crop inventories are attempting to hit bids. Elevated conventional corn prices appear to be buoying organic old-crop corn prices. Prices are hovering in the 260-270 Euro range in Constanta and close to 310-320 delivered in western Europe. Similar to the United States, there does not appear to be any organic soybean meal around. Prices are high if you can find any, and shipping rates continue to be elevated. Any organic soybean and by-products that were shipped from India to the Eurozone have likely been reduced significantly. This export activity is similar to the decline in organic soybean and organic soybean meal that have made their way to the United States
According to The Jacobsen, organic egg sales continued to trend higher and rose…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...