Inflation declined more than expected in October, but that should not be a surprise to any organic grain market participants. In back-to-back reports released on Tuesday and Wednesday of this week, by the U.S. Labor Department, both consumer prices and producer (wholesale) prices declined. In the food categories, there was a mixed bag. On the wholesale side, feed declined, whereas food at home on the consumer side increased month-over-month.
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07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
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Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...