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Small Midwestern meat processors face costs to dispose of guts and other byproducts that large plants monetize. A USDA grant and loan program worth $600 million is aimed at helping small-scale processors expand.
Rising disposal costs at small plants could limit rendering inputs over time, but the effect on feed ingredient prices is marginal.
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.