Mixed Results in Latest PPI Report

Mixed Results in Latest PPI Report

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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06.24.2024

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Crude glycerin traders were quoting the market in the...

06.24.2024

Cattle slaughter continues to lag 2022, 2023 levels

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per...

06.24.2024

Hog slaughter slightly higher into July; May cattle placed on feed higher

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.38 million...

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