MD_DA900 Organic Dairy Market Overview Report 50 - Released on December 16, 2022 This period, corn sold 34 cents lower FOB, up $1.42 from the same period last year. The bulk of trade activity occurred in the spot market, with moderate forward contract activity for corn to be delivered Q4 2022 through Q2 2023. Organic feed soybeans trade activity is moderate on good demand, with the bulk of exchanges in the spot market. Feed soybeans are seeing adjustment on last year's crops, trading $1.01 lower delivered elevator, and $4.11 lower than this period last year. Buyers say this is due to the number of imports entering the U.S. from South America and Africa. Organic dairy ads declined 27 percent across the country. As such, organic fluid milk generated 57 percent of total organic retail ads by commodity; organic butter followed with 13 percent and organic cottage cheese was next at 9 percent of total organic ads by commodity. Total organic milk ads declined 54 percent, when compared to last week's number. Organic gallon size milk containers drove that decline, as retail store ads slumped 78 percent. Information for the period December 5 - 16, 2022, issued biweekly Published by: Dairy Market News - Madison, WI DANIEL JOHNSON, 608-422-8605 Email: daniel.johnson4@usda.gov Additional Dairy Market News Information: Dairy Market News (DMN) by Phone: (608)422-8602 DMN Website: https://www.ams.usda.gov/market-news/dairy DMN MARS (My Market News): https://mymarketnews.ams.usda.gov