The latest Consumer Price Index (CPI) figures were released on Wednesday, August 14 and portrayed an ambivalent economy where inflation is slowly cooling, just as equity markets post historic gains.
Recession fears have faded this week as retail sales figures trebled expectations, accelerating 1% month over month. Weekly jobless claims declined 3.4% to 227,000 this week.
Annual inflation declined to its lowest level since March of 2021, sustaining hopes for a September rate cut. Initial cuts may only be a gesture, but they could be a potent signal to prompt more expansive buying by end users of organic feeds.
High food prices persist after increasing 5.8% last year, according to the USDA. The “food at home” category in the CPI by increased 0.2% month on month…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...