09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
Demand for organic corn and soybeans is expected to show sustained growth over the coming decade. Primarily driven by the organic poultry segment, organic feed grains are increasingly used for other species to distinguish products in the marketplace. Fastmarkets estimates a minimum five percent annual growth rate in organic feed grain usage, but current economic indicators are favorable to organic demand growth, so this number could exceed seven percent over the next five years.
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