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Hongchang M&T, a South Korean rendering company producing meat and bone meal and feed oil, donated 10 million KRW to Gyeongbuk Province to support birth rate initiatives. The company is described as the domestic market leader.
This is a corporate donation with no bearing on feed supply, demand or prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.