Loading…
US organic feed producers are importing more corn and soybeans as about 15% of the organic corn crop remained unharvested as of December 1. Cracked corn imports have fallen sharply, to 14,000 tonnes since September versus 40,000 tonnes a year earlier.
Sluggish organic import demand and a stalled cracked corn trade point to soft niche feed demand, with limited broader price impact on conventional corn.
feedstrategy.comEmma PenrodDec 27, 2019After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
