• Condensed by Lynda Kiernan

Prices for Organic Soybeans and Corn End Strong for 2019

Prices for food-grade organic corn and soybeans in Q4 2019 ended higher than prices for the same quarter a year before, according to organic and non-GMO trading platform and data company Mercaris.

Organic feed corn prices have basically moved sideways, but food grade corn prices for the quarter were up $1.13 per bushel compared to the same quarter in the previous year. The corn harvest this year has been challenging, marked at 91 percent complete as of December 8 - more than three weeks behind the five-year average. Surprisingly, this delay and resulting lower yields and quality have mostly affected only feed-grade organic corn prices.

Organic food-grade soybean prices for Q4 averaged $21.56 per bushel, an increase of eight cents over the same quarter last year. Unlike corn, the soybean harvest this year has been mostly on-pace, however, the outlook for the crop remains poor, with organic soybean production for 2019/20 expected to be 14 percent lower year-on-year. And although the market is currently steady, caution is called for in the months ahead.

More on this story


Contribute an article

Lynda Kiernan is Editor with HighQuest Group Media and of the Oilseed & Grain News. If you would like to submit a contribution for consideration, please contact Ms. Kiernan at lkiernan@highquestgroup.com.

©2017 HighQuest Group. All rights reserved.

  • LinkedIn Clean
  • Twitter Clean
  • YouTube Clean
  • Google+ Clean