2019-2020 was challenging market year for organic corn growers
Organic feed-grade corn averaged nearly $0.40 per bushel higher than the end of 2019/20 reaching $6.98 per bushel in December; while organic soybeans declined slightly to $19.66/bushel, according to the Mercaris Market Update. The 2019/2020 marketing year proved challenging for organic corn markets, with prices tumbling from September 2019 to September 2020, while the 2020 harvest promised record setting U.S. production. However, decreased imports and reduced harvest estimates have stabilized prices so far in 2020/21. Mercaris data shows that imports of organic corn were down 30% for the firs...
Source: farmprogress.com