Online grocery sales in March remained flat compared to last year, with total sales reaching $8 billion. According to the most recent Brick Meets Click/Mercatus Grocery Shopper Survey, fielded March 29-30, the results are an improvement over March 2023, when total monthly online grocery sales had fallen 8% on a year-over-year basis.
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The National Chicken Council said in comments submitted last week that the Environmental Protection Agency’s (EPA) proposed wastewater guidelines will result in establishment closures, job losses, increased costs, and general anxiety about the future of effluent guidelines.
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The outlook for global poultry markets in 2024 remains moderately positive, with demand expected to gradually recover due to better affordability driven by lower costs, lower inflation rates, and rising incomes. According to Rabobank’s Global Poultry Quarterly Q2 2024 Report, this will lead to less consumer focus on prices in 2024 compared to 2023, which will support some recovery in demand for value-added poultry and improved demand in food service. Business opportunities in these markets will recover. However, price consciousness among consumers will remain a key driver.
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