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The North American Renderers Association joined a coalition of agricultural exporters urging the Biden administration to address rail capacity constraints affecting US farm exports to Mexico. The joint letter was sent to the STB, USDA and USTR and calls for coordination with Mexican counterparts and railroads.
The US exported about 155,000 metric tons of rendered animal protein meals to Mexico in 2023.
Rail bottlenecks could slow US meatmeal shipments to Mexico and allow competitors to gain share, weighing modestly on US rendered protein export demand.
petfoodindustry.comAug 6, 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.
