# Darling-Butterball rendering plant idea based on logistics | WATTPoultry.com

> Darling Ingredients CEO Randall Stuewe said the proposed rendering plant beside Butterball's turkey plant in Mount Olive, North Carolina, makes logistical sense because Butterball's materials are currently hauled long distances to existing facilities. The companies said construction could begin in early 2024 if permits and definitive agreements are completed.

- Date: 2023-08-07 · published 2023-08-07T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/34703-darling-butterball-rendering-plant-idea-based-on-logistics-wattpoultry-com
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Added regional rendering capacity would keep poultry by-product tonnage closer to processing, easing the supply bottleneck for animal fats and meals used in feed. The effect on prices is modest and long-term.

## Read by commodity

- MBM: neutral
- HOGS: bearish ▼
- CHICKEN: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-08-19 | [Beef, pork, poultry markets face new challenges: analyst](https://feedsoft.ai/events/57716-beef-pork-poultry-markets-face-new-challenges-analyst.md) | -5.0% | -10.2% |
| HOGS | 2020-05-04 | [COVID debate: What to do with all the dead animals? - E&E News by POLITICO](https://feedsoft.ai/events/53294-covid-debate-what-to-do-with-all-the-dead-animals-e-and-e-news-by-politico.md) | +10.2% | -6.1% |
| HOGS | 2024-08-22 | [Grain farmers and pork producers bearing the brunt of rail stoppage - The Globe and Mail](https://feedsoft.ai/events/28833-grain-farmers-and-pork-producers-bearing-the-brunt-of-rail-stoppage-the-globe.md) | +2.9% | +1.9% |
| HOGS | 2021-06-01 | [U.S. says ransomware attack on meatpacker JBS likely from Russia](https://feedsoft.ai/events/46529-u-s-says-ransomware-attack-on-meatpacker-jbs-likely-from-russia.md) | +2.1% | -6.1% |
| HOGS | 2021-02-17 | [South Cotabato firm ships 2,000 hogs to ease tight pork supply, prices in MM \|
    Official Portal of the Department of Agriculture](https://feedsoft.ai/events/48496-south-cotabato-firm-ships-2-000-hogs-to-ease-tight-pork-supply-prices-in-mm.md) | +1.8% | +11.5% |
| LCATTLE | 2019-10-14 | [The smoldering impact of Tyson Holcomb fire \| 2019-10-14  \| MEAT+POULTRY](https://feedsoft.ai/events/56529-the-smoldering-impact-of-tyson-holcomb-fire-2019-10-14-meat-poultry.md) | +1.3% | +7.1% |
| LCATTLE | 2019-08-30 | [Beef Market Update: Tyson plant fires still playing a role in cash market - RealAgriculture](https://feedsoft.ai/events/10906-beef-market-update-tyson-plant-fires-still-playing-a-role-in-cash-market.md) | -4.4% | -3.7% |
| LCATTLE | 2026-05-22 | [Cattle futures fall amid placement, processing concerns \| Western Livestock Journal](https://feedsoft.ai/events/5387-cattle-futures-fall-amid-placement-processing-concerns-western-livestock-journal.md) | -0.3% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/business/retail-consumer/tyson-foods-misses-sales-estimates-demand-slows-close-four-more-chicken-2023-08-07/
- wattagnet.com: https://www.wattagnet.com/latest-news/article/15544208/darlingbutterball-rendering-plant-idea-based-on-logistics

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
