Livestock prices have been hammered, as the supply chain that brought food to restaurants, bars and sports/concert venues have completely collapsed. Most players in this space, specialize in either restaurant deliver or retail supermarket delivery.
The search term, “direct to consumer” is on the rise, hitting a fresh 5-year high. As you would imagine, the term is search most actively where the COVID-19 virus has hit the hardest. This should support the thesis that the economy is…
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...