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MHP, a Ukrainian poultry company, reported that its EBITDA from poultry by-product processing rose 88.8% in January 2021 versus a year earlier. The company credited better premium product quality and higher prices for rendered animal proteins and fats.
Rising vegetable protein and oil prices have lifted prices for animal-origin meals and fats, tightening the protein supply that feed buyers depend on. This is a company result rather than a new supply shock.
foodagribusiness.worldVladislav VorotnikovMar 29, 2021Not enough comparable past events yet for a historical read.
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.
