Persistent high food prices erode organic demand

Persistent high food prices erode organic demand

Organic poultry slaughter has stabilized after a steady decline that began in the fourth quarter of 2022. Food prices rose an astonishing 25% between 2019 and 2023 and have stubbornly refused to recede even to levels that would still represent healthy growth.

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The latest Consumer Price Index (CPI) figures in the February report released March 12 show the food index unchanged after rising 0.4% in January. On an annual basis, food prices are up 2%, led by sharper increases in the “food away from home” category.

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05.15.2024

Soybean oil stocks fall with slowing April crush

Soybean oil stocks fall with slowing April crush

The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...

05.15.2024

Animal fat prices steady; DCO production rises week on week

Animal fat prices steady; DCO production rises week on week

Prices for animal fats were flat on Wednesday May 15 with limited trade volume reported while several participants indicated they had traded ahead of the current week due to...

05.15.2024

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels & Feedstocks Event in Chicago for the day.

Fastmarkets price...

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