Consumers are increasingly interested in where their food comes from, aptly illustrated by the estimated $9 billion in local food revenue in 2020, according to the USDA National Agricultural Statistics Service (NASS). California naturally leads the way in this respect, with $1.4 billion in direct food sales. Another big organic state, Pennsylvania, takes runner up, with $600 million in annual local food receipts.
There is no breakdown for dollars spent on respective categories, like animal proteins, but Fastmarkets estimates that more than $4 billion of local food dollars are spent on meat, milk, eggs, and processed dairy products.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...