
PPFC, the poultry rendering group within US Poultry & Egg, promotes feather meal, poultry by-product meal and poultry fat as protein and energy sources for aquaculture and livestock feeds. It says these can replace part of fishmeal and other protein sources.
Feather meal and poultry by-product meal could substitute for fishmeal in aquafeed, adding to demand for rendered proteins. This is promotional material with no new supply shock, so the price effect is small.
Not 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.