Demand for organic products remains solid, despite the availability of less expensive alternatives. Organic products are discretionary, and robust jobs data help buoy demand. A recent study about food purchasing behavior shows that organic shoppers have less leeway than many had previously thought.
A Heart + Mind Strategies survey asked consumers what is important to them when buying food. The underlying theme is that most buyers of poultry products focus on price rather than how the chicken was raised, the GMO ingredients, or the organic standards needed to provide for specific poultry. Value is the most essential aspect of purchasing habits for most shoppers, and value points to the price.
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...