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MOPAC Services, a JBS subsidiary, will end part of its animal byproduct rendering business in Pennsylvania, New Jersey and New York effective December 1. Small processors and farmers are scrambling for alternative rendering services on short notice.
Reduced rendering capacity could tighten supply of rendered animal meals over time, though the effect on feed-grade meal prices is likely local and limited.
meatingplace.comMelissa Sue SorrellsOct 31, 2024Not 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.
