Weekly organic poultry slaughter volume continues to level off despite whipsawing around the one million-head mark each week. Half of the weeks in the second quarter surpassed one million head after steady declines in 2023.
Demand for organic chicken relies on macroeconomic conditions. Inflation has persisted into 2024, along with lower unemployment and wage growth. Equity markets have continued to swell.
All eyes are on the US Federal Reserve as they grapple with rate cuts within the context of a stubbornly hot economy. Although the Fed meets today and tomorrow, there is growing consensus that the Fed will cut rates at its September meeting.
The European Central Bank (ECB) intrepidly cut rates in…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...