Olive oil has had quite a season over the last few years. For those keeping score, and it sure is...
Speaking of keeping score, this week's quarterly earnings call from Tyson did a good job of doing so. Protein producers continue to struggle with margins and consumers are looking for value with chicken sale volumes on the rise. Given the challenged margins for producers, there remain signs that output will be limited in the coming months. The USDA suggested so last week with their monthly protein production update. Readers will notice that total protein output in the U.S. is expected to track below prior year levels at least through Q2 of 2024.
Datum FS offers an extensive range of forecasts for more than 50 commodities, including beef, dairy, grains, pork, and chicken markets. If you're interested in exploring a complimentary trial of our forecasts and commentary, or learning more about the services provided by Datum FS, simply click on the home button above. Thank you for taking the time to read.
