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Sir James Wallace merged part of his family rendering business with Farm Brands to form Wallace Group, New Zealand's national co-products company. The combined entity covers rendering plants nationally and extends casualty cow collection into the South Island.
Consolidation of New Zealand rendering capacity affects local supply of meat and bone meal and tallow, but it is a corporate restructuring with little direct effect on global feed prices.
farmersweekly.co.nzHugh StringlemanJun 19, 2017Not 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.
