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Brown County Planning and Zoning Commission approved DemKota Ranch Beef's conditional use petition to add a rendering facility costing about $18 million. Residents raised concerns about odor, and the plant's operator said the project is needed to stay competitive in tough market conditions.
Adding rendering capacity at a cattle plant would increase meat and bone meal and tallow output for feed use. The local permit has little effect on national feed prices.
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.