August and September can be thin trading months for the organic feed grain markets. Most consumers are covered, and the focus turns to new-crop. In August, there are instances where prices divergence but by mid-September, new-crop and old-crop prices begin to convergence. Organic corn prices now seem to be converging in the mid-West around the $9/$9.50.
Two ships carrying organic grains are expected to land in Morehead City, North Carolina, during September. On Thursday, the Global Aglaia is scheduled to unload organic cracked corn from Turkey. A few days later, the Bulk Trader, currently in the Caribbean, is expected to unload soybeans, which The…
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...