Lower prices for food at home are a welcome sign for consumers, especially those who consume higher-priced organic foods. According to the U.S. Labor Department, consumer prices for food at home increased by 1.6 percent in November. The increase in the “food at home” category in the CPI was the lowest for that category since June 2021. The peak in the price of food consumed at home was in August 2022 when it rose 13 percent on an annual basis.
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05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...