More farms go organic, but consumer demand is slowing

More farms go organic, but consumer demand is slowing

Photo by Zoe Kay

Decreased consumer demand, increased supply puts downward pressure on organic feed prices

A 14% increase in organic field crop production offset an otherwise dismal harvest last year, keeping prices within reason for critical organic commodities such as corn and soybeans, according to market data from online trading platform Mercaris. Growth in the organic sector is expected to continue through the end of 2020 as more farms convert to organic operations in pursuit of profit premiums, but consumer demand is not expected to keep pace.