Organic chicken slaughter has declined over the previous calendar year by 10 percent, reflecting a change in the marketplace driven by consumer habits. The overall trend for the previous year and a half indicates an 11 percent drop.
Grocery costs have soared over the period, rising well above the peak headline inflation rate of 10.5 percent in July of 2022. Using data conventions from the chart below, peak grocery inflation surpassed peak headline inflation by 5 percent in the months following the peak headline rate at the beginning of Q3.
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12.12.2024
California LCFS credit volumes rise, prices fall week on week
California Low Carbon Fuel Standard (LCFS) credit volumes were up sharply while the average credit price declined in the week ended Sunday December 8, figures released on Wednesday December...
12.12.2024
Grease prices continue to soften while Gulf UCO trades stable to higher
The US animal fats and oils markets continued to show mixed dynamics on Thursday December 12, with tallow markets remaining notably quiet while grease prices continued to soften across...
12.12.2024
Looming port strike adds negative price risk to animal protein markets: sources
Negative sentiment continued to hang over the meat and bone meal (MBM) markets on Thursday December 12, although trading reports were limited throughout the day.
Much of the...