Livestock prices have been hammered, as the supply chain that brought food to restaurants, bars and sports/concert venues have completely collapsed. Most players in this space, specialize in either restaurant deliver or retail supermarket delivery.
The search term, “direct to consumer” is on the rise, hitting a fresh 5-year high. As you would imagine, the term is search most actively where the COVID-19 virus has hit the hardest. This should support the thesis that the economy is…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...