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A large fire at the Valley Proteins rendering plant in Saluda County, South Carolina, caused significant damage and required about 60 firefighters to contain. No one was hurt, and the owner is assessing the damage.
Losing a major US rendering plant removes meat-and-bone meal and fat supply from the domestic market, which can firm prices for protein and fat feed ingredients until volumes are shifted to other facilities.
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.