Opportunity in Crisis

Opportunity in Crisis

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 that they will seek approval for the newly developed COVID-19 vaccine is a shot in the arm for unsure global markets.  Today’s market activity reflects participants ambivalence, weighing the game changing vaccine with economic fallout from impending lockdown measures.  Pfizer’s collaboration has yielded a vaccine that is apparently over 90% effective, and safe. 

Pfizer says they will apply for Emergency Use Authorization (EUA) with the FDA imminently, after the required safety milestone is achieved.  Pfizer, with a $50 billion+ market cap has an historical working relationship with the FDA, having gained approval for some of the most widely used drugs, like Lipitor, Viagra, or Zoloft.  The vaccine trial began in…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

11.13.2024

CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

11.13.2024

2024/25 grain consuming animal unit headcounts increase by 0.39%

2024/25 grain consuming animal unit headcounts increase by 0.39%

Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

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