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Morocco's ONSSA and USDA's APHIS agreed a sanitary certificate that gives US renderers an export pathway for animal proteins used in dog and cat food. Approved plants must still be listed before shipments can begin.
A new export outlet for US rendered proteins supports demand for meat and bone meal and related products, a modest positive for their prices. The effect is limited until plants are listed and volumes start to flow.
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.