The relaxation of restriction in the United States has been the impetus for people to get out and about. Apple mobility shows that travel via automobiles and walking is up compared to the period ahead of the lockdowns in the United States. One would expect that more and more people were using this opportunity to head to the grocery store, but surprisingly its online grocery purchases that are gaining traction.
Online grocery purchases continue to rise at a brisk pace according to a survey from Brick Meets. Online supermarket sales rose 24% month-over-month in May to $6.6 billion. Online grocery dollar sales growth totaled $1.3 billion in May, the same as in April when sales jumped 37% from $4 billion in March.
What is interesting is that the average monthly purchase frequency moved higher as well in May, up 10% to 1.7 purchases per customer from 1.6 in April….
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
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Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.