Organic producers are once again confronting extreme weather this growing season. Dry weather in parts of the corn belt gave way to heavy rains last week. Thunderstorms deluged parts of the Upper Midwest, flooding fields and creating local wind and hail damage.
77% of Iowa’s corn crop was rated good to excellent as of June 23. Nationally, 69% of the corn crop is rated good to excellent, a 3% decline week over week, but a full 19% higher than last year.
Many are speculating about the timing of a shift from El Nino to La Nina, which has persisted longer than some models projected. More active weather with increased precipitation in the corn belt is characteristic of El Nino, which developed in early 2023. The drier conditions of La Nina could cause problems for crops at key developmental stages.
Harvest of Soft…
07.03.2024
Slower rail, barge shipments of RD, biodiesel to US West Coast
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report for April, released on Friday June 28, showed that rail and barge shipments of renewable diesel (RD) and biodiesel...
07.03.2024
DCO prices move higher on support from soybean oil markets
Please note: Fastmarkets will not publish an animal fats bulletin on Thursday July 4 due to the Independence Day holiday in the US. We will resume our domestic market...
07.03.2024
Animal protein values wide ranging; Q2 HPAI headcounts above 2022/23
Please note: Fastmarkets will not publish a bulletin on Thursday July 4 in observance of the Independence Day holiday in the US.
Limited animal protein volumes were reported...