Reports

Organic Commodity Market Intelligence

Organic yellow corn Midwest feed-mill spots averaged $13.75/bu (range $11.25-$16.25), up $0.09 week over week, while national/Central elevator bids held steady at $12.00-$13.00 delivered. A two-tier corn structure persists: mills are pulling farm/country stocks at firmer delivered handles, but discounted F.O.B. grower forwards (avg $11.09) and a downward curve into late 2026 point to ample deferred supply. Corn Belt nearby tightness versus later coverage is stark, with current feed-mill values near $13.75-$16.22 versus Oct26-forward elevator bids near $9.75-$12.65. No USDA AMS organic soybean

Conventional Commodity Market Intelligence

Global conventional soybean benchmarks remain the primary valuation anchors, spanning roughly $371.57-$442.45 per metric ton on FRED and $404-$473 per metric ton on World Bank prints, for a mid-$370s to high-$470s corridor. Domestic U.S. #1 soybean cash bids and futures settlements are sparsely populated this cycle, so international spot series provide the usable numerical reference until local averages repopulate. USDA feeder cattle listings carry no reported minimum, maximum, or average prices, leaving conventional feeder price discovery effectively blank in this pull. Conventional dairy pow

Organic Commodity Market Intelligence

Midwest organic corn spot prices at feed mills jumped to $14.52 per bushel (+$1.33 WoW) on tight nearby demand, while national country-elevator spots eased to $12.61 (-$0.52), widening the end-user premium. Deferred organic corn supply pressure is building: 2026-27 country-elevator forwards average roughly $9.86-$10.11 per bushel versus firmer August 2026 Midwest feed-mill forwards at $15.58. Feed-mill bids continue to outpace elevator channels on both spot and nearby forwards, signaling steady organic livestock and poultry ration demand rather than elevator accumulation. Organic soybean meal

Conventional Commodity Market Intelligence

Global soybean prices traded in a $368.57-$439.15 per metric ton band, with the latest print near $414.54 signaling a moderate pullback from the $439.15 peak while remaining above the $368-$372 floor. U.S. cash soybean discovery stayed anchored to standard elevator and processor delivery points, but unpopulated USDA bid min/max/avg fields blocked direct cash-quote comparison for the week. Export-elevator forward windows extended into October-November 2026 and December 2026-January 2027, confirming ongoing use of deferred delivery slots. Feeder cattle cash prices could not be quantified, as USD

Organic Commodity Market Intelligence

Organic yellow corn spot averages firmed to $13.72/bu (+$1.00 WoW) at feed mills while dealer forward nets fell $2.14 to $9.98/bu, leaving a two-tiered market between tight nearby cover and softer deferred bids. Corn quotes spanned a wide $8.90-$16.25/bu band, with grower bids to feed mills at $10.00-$16.25 drawing selective farmer selling where basis is strongest and elevator/forward slots seeing lighter movement. Organic soybean meal averaged $947.21 per short ton F.O.B. crush (range $865.00-$1,040.00), down $1.51 WoW, with July 2026 base forwards quoted at a modest discount of $935.00. USDA

Conventional Commodity Market Intelligence

Global soybean benchmarks eased from peaks above $430 per metric ton into a recent $414.54-$426.60 range (FRED PSOYBUSDM span $368.57-$439.15), reflecting ample Southern Hemisphere supply and steady crush demand. U.S. conventional cash structure remains anchored to US #1 soybeans at export elevators, country elevators, and processors, with merchant forward bids posted into October-November 2026 and December 2026-January 2027. Interior basis versus the softer international tone will continue to set local soybean values, as granular elevator averages were largely unreported in the latest USDA da

Impact of Imported Organic Soybean Meal on U.S. Market

Impact of Imported Organic Soybean Meal on U.S. Market

Global organic farmland reached approximately 96.4 million hectares in 2022 across 188 countries and 4.5 million producers, with land concentrated in Australia and farmer numbers led by India (over 1.5 million), so organic meal supply remains sensitive to a few key origins. U.S. organic soybean acreage has grown at an 18.1 percent CAGR, marking organic soybeans as a core driver of domestic organic field-crop expansion and a rising base for meal crush if certification and relative returns hold. Organic soybean meal demand is anchored in poultry and dairy rations where NOP rules limit substitute

Conventional Commodity Market Intelligence

U.S. soybean benchmarks ranged from $425.29-$439.15 per metric ton at major elevators, supplying reliable anchors for export margins where USDA bids showed null prices. Corn traded at $214.52-$215.62 per metric ton and wheat at $193.88-$220.88 per metric ton, aligning with national conventional delivery points for processor demand assessment. Buttermilk powder prices held at $1.54-$1.85 per pound and nonfat dry milk at $1.50-$1.91 per pound F.O.B., reflecting firmer conventional dairy powder markets across regions. Dry whole milk quoted at $2.09-$2.29 per pound nationally while central-region

Impact of Imported Organic Soybean Meal on U.S. Market

Impact of Imported Organic Soybean Meal on U.S. Market

U.S. organic soybean acreage expanded at an 18.11% CAGR, supporting domestic supply growth for certified organic feed. No organic soybean meal imports (HS 230400) from India were recorded in January 2026, with value and quantity both at zero. U.S. organic soybean meal averaged $937.38 per ton within a spot range of $924.00-$950.00 per ton on an FOB crush-facility basis. India's soybean exports declined to 22,477.36 tonnes valued at $18,114,000 in 2023 from 54,393.26 tonnes the prior year. Potential soybean meal import volumes equate to a baseline of 630,290 acres under a 35-bushel-per-acre yie

Organic Commodity Market Intelligence

Organic corn shows wide price dispersion from $8.90-$16.25 per bushel nationally, with Midwest grower bids at $10.50-$12.50 per bushel for October 2026-April 2029 delivery and dealer forwards reaching $16.25 per bushel. Organic soybean supplies face upward pressure from delayed South American vessel arrivals and limited domestic stocks, though no USDA MyMarketNews prices are available for benchmarking. Organic soybean meal forward contracts hold at $935 per ton for July 2026 delivery while spot transactions average $947.21 per ton after a $1.51 week-over-week decline. Hard red spring wheat for

Impact of Imported Organic Soybean Meal on U.S. Market

Impact of Imported Organic Soybean Meal on U.S. Market

U.S. organic soybean acreage expanded at an 18.11 percent compound annual growth rate, indicating rising domestic supply that can reduce reliance on imported organic meal. Organic soybean meal prices averaged $948.49 per ton in the first observations and $973.38 per ton in subsequent records, narrowing the differential with Indian-origin material and producing negative crush margins. India's soybean exports contracted to 22,477.36 tonnes valued at $18,114,000 in 2023 from 54,393.26 tonnes and $50,343,000 in 2022, signaling tighter exportable surpluses from the leading supplier. Zero shipments

Impact of Imported Organic Soybean Meal on U.S. Market

Impact of Imported Organic Soybean Meal on U.S. Market

U.S. organic field crops expanded at an 18.1% CAGR, driven by rising demand for certified soybeans in livestock feed. Global organic farmland reached 96.4 million hectares across 188 countries, supporting 3.7 million producers with India holding over 2 million farmers. January 2026 U.S. imports under HS code 230400 recorded zero volume and value from India, preventing any measured shift in market share. Imported organic soybean meal volumes equate to 630,290 acres or 22.1 million bushels at 35 bushels per acre yield, representing a sizable share of domestic capacity. U.S. organic soybean meal

Conventional Commodity Market Intelligence

Weekly Report — Week of June 29, 2026

Organic Commodity Market Intelligence

Weekly Report — Week of June 29, 2026

Organic Commodity Market Intelligence

Organic corn national forward-contract prices averaged $11.78 per bushel and declined $0.69 week-over-week, with Midwest spot sales at $11.94 per bushel, as supply shortfalls offset reduced poultry feed demand from avian influenza. Organic soybean meal spot prices averaged $948.72 per short ton and rose $11.34 week-over-week across Midwest and national markets, while July-September 2026 forward contracts held at $944 per ton F.O.B. USDA reported no organic soybean transaction prices, creating a persistent data gap that prevents quantification of regional spreads or short-term momentum for buye

Impact of Imported Organic Soybean Meal on U.S. Market

Impact of Imported Organic Soybean Meal on U.S. Market

U.S. organic soybean acreage is expanding at an exceptional 18.1% compound annual growth rate, significantly outpacing conventional soybean growth and indicating strong domestic production capacity to reduce import dependency. Import data shows zero recorded organic soybean meal imports from India in January 2026, suggesting a potential fundamental shift away from traditional import sources or supply chain disruptions that require immediate supplier diversification strategies. U.S. organic soybean meal exports reached 163,722 metric tons valued at $1.1 million in January 2026, with China (33,8

Organic Commodity Market Intelligence

Organic corn prices show significant margin opportunities with dealer forward contracts commanding $10.78/bushel versus grower F.O.B. contracts at $8.49/bushel, reflecting a $2.29 spread driven by value-added services and logistics challenges. Northeast organic corn markets trade at substantial premiums of $12.81-$13.72/bushel compared to Midwest pricing of $8.35-$11.00/bushel, indicating strong regional arbitrage opportunities despite transportation costs. Organic soybean supply constraints have reached critical levels with no USDA price reporting activity and Midwest grower inventories below

Organic Commodity Market Intelligence

Organic corn prices exhibited significant volatility with Midwest grower forward contracts surging $0.73/bushel to $9.43 while national F.O.B. prices declined $0.19/bushel to $8.49, creating substantial regional arbitrage opportunities and delivery premium spreads of up to $1.25/bushel. Feed mill procurement activity intensified following avian influenza outbreaks in conventional operations, driving organic egg producers to expand capacity and increase corn consumption, while USDA investigations into Eastern European import practices may tighten domestic supplies through Q2 2026. Organic soybe

Organic Commodity Market Intelligence

Organic corn prices show significant volatility with bid ranges widening from $8.25-$11.00 per bushel as buyers compete for limited stocks, while dealer forward contracts command $1.00-$2.00 per bushel premiums over F.O.B. grower sales due to transportation bottlenecks. Regional price disparities are extreme, with Northeast forward contracts averaging $13.72 per bushel compared to Midwest grower prices at $9.80 per bushel, indicating severe supply constraints in key consumption areas. Bird flu disruptions in conventional poultry operations are driving additional organic corn demand as producer