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Tyson Foods agreed to buy the poultry rendering and blending assets of American Proteins for about $850 million. The deal gives Tyson four rendering plants in Georgia and Alabama and 13 blending facilities across the southeastern and midwestern US.
Tyson is vertically integrating rendering to recycle animal products into feed and pet food as corn and soybean costs rise, which may reduce its reliance on purchased feed ingredients and modestly tighten supplies of rendered protein and fat.
feedandgrain.comDec 1, 2020Not 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.
