Prices for organic feed commodities are mixed. Merchandisers tell Fastmarkets they remain bullish on wheat after a plentiful, high-grading crop reduced the supply of discounted feed wheat. This has resulted in novel trade flows that give us clues about overall market conditions.
An example of this is Western Canadian buyers sourcing feed wheat from the U.S. East Coast. Western Canada is a major producer of wheat but buyers in Manitoba have recently sourced organic Hard Red Spring (HRS) wheat from the U.S. About 95 percent of the HRS production in the U.S. occurs in the Northern Plains, in North Dakota, South Dakota, Minnesota and Montana.
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09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...