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Farmers Union Industries' Central Bi-Products, with rendering plants in Minnesota and Iowa, converts inedible meat by-products such as offal, bones, blood and feathers into meals and feeding fats. The company collects these materials from slaughter facilities and fallen livestock from producers.
Rendered meals like meat and bone meal and feather meal are protein inputs for feed formulators, so rendering output adds modest supply to the feed protein pool. The article is a company profile with no new price driver.
ndfu.orgChris AarhusJun 4, 2019Not 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.
