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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...