The organic grain market is experiencing lower-than-normal activity, and complacency continues to perpetuate. A lot of action focused on new crop a few weeks ago, but that trend has run out of gas. Merchandisers tell Fastmarkets that prices are hovering between $10.50 and $11.25, with some smaller bids just below these levels. While it appears that growers are happy to hold on to their organic corn, prices remain at robust levels.

During the past three years, organic corn prices in the midwest have reached levels above $12 per bushel and were as low as $6 per bushel (with bids below these levels). The average during those three years is closer to $9 per…