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Farmers Union Industries, a company owned by five state Farmers Union organizations, reported a $4 million increase in 2019 net income from converting animal by-products into feed and feeding fats. Profits are returned to the member organizations to fund education and policy work.
This is a company performance story with no clear supply or demand shift, so it has little direct effect on feed commodity prices.
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.