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Baker Commodities Inc. settled with South Coast Air Quality Management District after a nearly two-year court battle, agreeing to stop rendering raw animal parts at its Vernon, California facility. The company will pay $400,000 and surrender its rendering permits.
Closure of a rendering facility removes a small amount of local animal-by-product processing capacity in Los Angeles. The effect on national rendered protein supply and prices is expected to be minimal.
laist.comJulia BarajasMay 2, 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.
