Organic corn continues to be the most active segment in organic feed currently. New crop organic feed corn is contracting across the range of The Jacobsen’s Organic Corn – Midwest pricing. Bids below $7.50 are common.
Organic soybeans, on the other hand, are finding fewer interested buyers. One large grower told Fastmarkets today that there are fewer bids now than they can remember for new crop organic soybeans. The only bid they have received is $19.50/bu. for organic soybeans meeting spec. Circumspect buyers are closely watching South American crop progress as well as geopolitical factors that may impact organic soybean imports.
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12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...