Food inflation is beginning to decelerate, which is good news for the organic consumer. According to the Department of Labor in the United States, the Consumer Price Index for June increased by 3 percent year over year compared to higher expectations. The largest detractor from the CPI report was a decline in energy prices which dropped 16 percent yearly. Food prices increased just 0.1 percent on the month while used vehicle prices, a primary source for the inflation surge in early 2022, declined 0.5 percent.
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01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...