Food prices and broader economic conditions play a significant role in organic animal protein demand, as we routinely note in daily bulletin commentary. Consumers are making food choices now for their Thanksgiving meal next week, some of whom abandon their budgets for a holiday meal, though many are not afforded the luxury.
Along with declining inflation and falling food prices, a glut has caused conventional wholesale turkey prices to decline 29 percent year over year. Retail prices for conventional turkey have declined 13 percent year over year, making it an attractive option for cost-conscious consumers.
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09.19.2024
SAF roadmap, collaborations announced at Bali International Airshow
At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...
09.19.2024
US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say
The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.
09.19.2024
Animal protein prices steady; August cattle, hog slaughter down
US animal proteins were rangebound on Thursday September 19.
August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...