Canadian organic soybean and corn prices remain close to the levels that Fastmarkets is currently seeing in the Midwest. According to growers, offers for organic soybeans are close to 20.50 per bushel FOB on the farm in the Quebec and Ontario regions. Organic corn on the east coast of Canada is currently offered near $8 per bushel picked up at the farm. The organic grain prices that Canadian growers are offering are not a bargain relative to the Midwest, which has made the arbitrage to the U.S. East Coast difficult.
Imports From Canada Have Slowed
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...