(Bloomberg) -- Chicken-sandwich fever means poultry is pacing U.S. food inflation in the meat case.U.S. producer prices for processed poultry jumped to an all-time high in May, climbing 2.1% in the eighth straight monthly increase, U.S. government data showed Tuesday. Gains in poultry outpaced the 0.8% increase in the broader producer price index.The surge comes after several large fast-food restaurant chains recently launched fried-chicken sandwiches in a bid to match Popeyes’ 2019 viral succes
(Bloomberg) -- Americans are going to drive this summer like the pandemic never happened, if U.S. ethanol production is any gauge.Output rose last week to the highest level since February 2020, which was shortly before U.S. shelter-in-place orders began. The boost in production is going to help when consumers start hitting the road during the upcoming vacation season, according to Renewable Fuels Association President Geoff Cooper.Ethanol production should remain strong as makers of the biofuel
The acquisition should beef up Gemini’s custody tech. The price was not disclosed.