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A lifecycle analysis by Blonk consultants for the European Fat Renderers and Processors Association found that European animal byproducts such as processed animal proteins and rendered fat have a lower carbon footprint than soybean meal and palm oil in feed. The study used data from fourteen European rendering companies.
If feed compounders adopt locally rendered proteins and fats as substitutes for soymeal and palm oil, demand for those imports could soften, with modest downward pressure on those prices over time.
aquafeed.comAquafeed Media SLUJun 28, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
