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Small Midwestern meat processors are paying to dispose of guts, hides and other non-edible carcass parts, which cuts into their profits. The USDA is directing $600 million in grants and loans from the recently passed infrastructure plan to help small-scale meatpackers expand.
Some processors sell tongues, livers and hearts, but most offal goes to rendering or the trash.
Government funding for small processors could add capacity and change how byproducts are handled, but the effect on feed-ingredient prices is marginal.
leadactions.comaspasia stefanouFeb 2, 2022Not 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.
