With Thanksgiving and Black Friday in the rearview mirror, it’s time to take stock of the demand picture. It’s interesting that despite recent record highs in U.S. stock prices, and robust retail sales, many do not believe that the economic backdrop in the U.S is robust. While the job market remains strong, inflation in many parts of the economy is outpacing wage gains, which makes people feel like things are worse, not better.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...