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…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...