Strong Economic Data Fuels Organic Consumption

Strong Economic Data Fuels Organic Consumption

Planting dates for early crops are swiftly approaching, and planning for these crops is nearly past due. Nonetheless, some organic growers are undecided on aspects of their crop rotation because of slow forward contracting in select markets, namely in Hard Red Winter Wheat Country in the Northern Plains and Canadian Prairies. 

Buyers continue to maintain thin inventories, even as prices decline to levels far below the ones that persisted during the post-pandemic organic feed boom. Interest rates are partly responsible for this buyer behavior, and even small downward adjustments in key interest rates could move the needle in terms of end user buying behavior. 

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

Latest Tweets