Strong Temporary Demand for Food is Creating Shortages

Strong Temporary Demand for Food is Creating Shortages

 

The rising tide could lift all boats. The scramble to purchase grocery goods is boosting sales of organic food, including proteins like eggs and milk, as well as chicken and corn products. Over the weekend, the Food, ag and grocery industry execs held a conference call with President Trump. The topic was to discuss various food supply chain factors during the coronavirus outbreak. The companies are working with the federal government, as well as state and local leaders, to…

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01.23.2025

Chicago animal fats and oils market trades higher on strong demand, tight supply

Chicago animal fats and oils market trades higher on strong demand, tight supply

Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...

01.23.2025

Winter weather impacts poultry production; December cattle, hog slaughter under prior year

Winter weather impacts poultry production; December cattle, hog slaughter under prior year

Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.

The only product under negative price pressure...

01.23.2025

Brazil’s tallow export prices climb, domestic bid-offer gap widens

Brazil’s tallow export prices climb, domestic bid-offer gap widens

Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...

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