Macroeconomic conditions have an outsized influence on organic markets. As consumer’s discretionary income is eroded by high food prices, they are often forced to abandon purchasing premium organic animal proteins.
Economic data informing the US Federal Reserve paint a complex picture of an economy that is both heating and cooling at the same time. Equity markets have defied logic at times with explosive growth despite higher interest rates.
Employment data released today indicated the economy may be cooling, just as the US Central Bank is set to meet later this month. Many analysts expect some rate movement in September, but doubts have persisted because of mixed economic data.
The report showed wages continue to rise, and this has sustained spending considerably, a key factor influencing current economic growth and a boon to organic markets. At the same time, there were 86,000 fewer jobs added in August than forecasted…
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...