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Blog

Conventional Corn Could Play a Role in Organic Corn Prices

Alexandra Watts | 01.29.2024

We feel that a drop in conventional corn prices will likely accompany another leg down in organic corn prices. The differential between organic corn prices (Jacobsen - Midwest) and CME corn has been as wide as $6 per bushel and as narrow as $2/bu. on a monthly basis. The current level of 3.7 is slightly below the average spread. You can see from the chart that the difference narrowed to its historical low during early...

Strong Q4 Blending Weighs on Q1 Biodiesel Pricing

Renewable fuel RIN production climbed 11 percent in 2023, largely powered by surging D4 biomass-based diesel blending. The Renewable...

Flat Fat Market to Close Last Full Week of January

The market closed the week on a very quiet tone with no changes or trading reported. Many are reconfiguring...

Prices for Porcine Proteins Rally

*Please note – Chloe Krimmel was out of the office on Friday and will return on Monday, January 29th....

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Sausage Casings Bulletin Jan 26, 2024

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Drought Conditions Persist Throughout the Country

There was a significant amount of trading in grain and feed products this week. DDGS prices have increased in...

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Winter Weight Hides Squeeze Sellers’ Margins

Market sentiment was negative today when considering the weak hide demand from automotive and footwear hide tanners. Tanners in...

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Veg Oil Demand Limited by RD Production Delays, Strong Biofuel Output

*Please Note – Amanda Luhavalja was out of the office today but will return on Monday, January 29, 2024....

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More Funding for Organic Growers Announced

Last week the USDA announced $9.75 million awarded to ten projects through the Organic Market Development Grant (OMDG). The...

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