Organic corn prices are stable, and there does not yet seem to be any impact from the Pipeline Foods Bankruptcy. As a reminder, the first hearing on the Pipeline Foods Bankruptcy is scheduled for 7/14/21. It’s unlikely that any questions related to forward contracts and the ability of buyers to collect or sellers to reject will be answered tomorrow. Organic corn prices in the mid-west are between $9 and $9.30 delivered, while prices in California remain bid near $425 per short ton. Corn on the east coast and corn in Texas remain near similar levels. The increase in demand for trucking usage has kept the price of shipping at relatively elevated levels near $3.25 per mile per load. Check out our
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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...