Retail Protein Demand Forecast
The Jacobsen is forecasting animal protein sales will rise approximately 7% year over year in 2021.
Organic corn prices in Europe are edging higher. Organic corn prices in Romania are up to 275-Euro per metric ton. If you can find them out of Ukraine, organic corn prices are as high as 285-euro per metric ton. Organic corn prices in Pennsylvania are also starting to rise and are now quoted near $9.75. New crop prices have moved higher. The Jacobsen reports that merchandisers are saying that new crop prices for organic corn delivered into PA are $10.25 per bushel. Mid-west price...
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