Organic corn prices have stabilized in the PA region, trading near the $445 per short-ton level. These prices reached as high as $460 per short-ton during the past 3-weeks, but as consumers covered Q2 and Q3, these prices have slipped. Organic corn prices in the Texas area are now trading at the same levels seen in PA. Consumers are trying to pull organic and conventional products South. Less than 4-weeks ago, organic corn prices in the Texas region were trading $2 per bushel lower.
Merchandisers tell Fastmarkets/The Jacobsen that it’s challenging to find feed and food organic products in Texas. Most of the organic corn planted in the region has been consumed, and little is nearby. Elevated transportation levels make it challenging to draw mid-West organic corn south. In Quebec, new crop organic corn prices remain near current spot levels, with farmers quoting prices near $485-500 CAD…
10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...