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Valley Proteins' rendering plant in Ward, South Carolina was damaged by a fire on Thanksgiving Day that spread from a cooking unit. The company says about 160 employees will keep their jobs, and it plans to shift resources to other facilities to avoid service disruption.
Shifting volume to other plants should limit supply disruption, so the price effect on rendered protein and fat feed ingredients is likely small.
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.