Persistent high food prices erode organic demand

Persistent high food prices erode organic demand

Organic poultry slaughter has stabilized after a steady decline that began in the fourth quarter of 2022. Food prices rose an astonishing 25% between 2019 and 2023 and have stubbornly refused to recede even to levels that would still represent healthy growth.

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The latest Consumer Price Index (CPI) figures in the February report released March 12 show the food index unchanged after rising 0.4% in January. On an annual basis, food prices are up 2%, led by sharper increases in the “food away from home” category.

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

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

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

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...

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