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Organic grain prices are weak as farmers sell into spring, with feed wheat near $12.50 per bushel, feed oats $3.00-3.50 and organic barley $6.50-7.00. Traders attribute the slump to an oversupply of organic feed grains and weak consumer demand.
Oversupply of organic feed grains keeps prices depressed for buyers of organic feed, while conventional feed grain prices are largely unaffected given the small organic share of supply.
agcanada.comOrganicBizApr 26, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
