Organic chicken slaughter has declined over the previous calendar year by 10 percent, reflecting a change in the marketplace driven by consumer habits. The overall trend for the previous year and a half indicates an 11 percent drop.
Grocery costs have soared over the period, rising well above the peak headline inflation rate of 10.5 percent in July of 2022. Using data conventions from the chart below, peak grocery inflation surpassed peak headline inflation by 5 percent in the months following the peak headline rate at the beginning of Q3.
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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...