Grocer profitability attracts scutiny of policmakers

Grocer profitability attracts scutiny of policmakers

The organic feed market is subdued. Buyers continue to maintain their current pace of just-in-time inventory. Merchandisers report some activity on new crop corn and soybeans but generally markets reflect the transition to the slower summer months. People are busy doing other things, families are on the go.

Pricing power for organic animal proteins at supermarkets and big box stores is weakening. Consumers’ purchases of food at home also seems to be slowing. The latest comparable-store sales figures from major U.S. supermarket chains reveals a concerning trend. This dataset compares one location’s sales to the previous year’s performance. 

Kroger’s U.S. division experienced a decline in fourth-quarter comps, with Kroger reporting a contraction in this critical financial metric for the second consecutive quarter. Albertsons’ comps in the third quarter remained stable at 2.9%, marking their lowest level since the…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

10.18.2024

RIN prices fall week on week despite lower reported US biodiesel output

RIN prices fall week on week despite lower reported US biodiesel output

Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...

10.18.2024

US DCO prices decrease amid quiet trade week

US DCO prices decrease amid quiet trade week

US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...

10.18.2024

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.

Several market participants told Fastmarkets it was a...

Latest Tweets