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Small Midwestern processors must pay to dispose of inedible byproducts such as guts, which cuts into their profits. Federal funding of $600 million in grants and loans is meant to help small meatpackers expand and seek federal inspection.
Many small processors still struggle with leftover disposal costs.
Limited byproduct value at small plants reduces their competitiveness and may keep rendering and byproduct supply concentrated in large packers.
ipm.orgSeth BodineDec 21, 2021Not 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.
