National Organic Grain and Feedstuffs: August 30

USDA – Compared to two weeks ago, feed grade corn demand good, trading one cent lower with cash bids steady to firm. Spot trade activity moderate. Q4‐Q1 forward contracting active. Feed grade soybean demand and activity light, trading 83 cents lower with cash bids remaining steady. Q4‐Q1 forward contract activity light. Soybean meal and soybean oil trade too limited to trend, but steady undertones noted.

Spot market trade too limited on food and feed wheat to trend with cash bids unchanged. Trade activity moderate on feed oats with demand moderate and prices reflecting light test weights. Trade very limited on organic dry edible beans. On August 28, 2017, Amazon.com Inc. completed the purchase of Whole Foods Market Inc.

*To see the full market report courtesy of the USDA, click here.

*All prices listed in US dollars