As harvest progresses in the U.S., merchandisers tell Fastmarkets that bids are strengthening in East Coast markets like Pennsylvania. Reports of $330 per short ton – $9.25 per bushel – on old crop corn is enough to make regional operators wonder what is going on with organic imports.
Market participants have speculated that striking dockworkers may have contributed to disrupting trade flows, but Fastmarkets cannot confirm this. Another theory is that the USDA’s Strengthening Organic Enforcement (SOE) is beginning to gain traction.
Rumours of a large load of organic corn at a major East Coast port is under investigation have been communicated, but Fastmarkets cannot…
10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...