Analysis · March 2026

BSF as the next buffer institution of the protein chain

The byproduct buffer has hit its ceiling. Pet food +4-6%/yr. Rendering +1-2%/yr. BSF closes the gap under three conditions.

The global meat industry is built as a utilization system. Every kilogram of animal is monetized separately. This buffer has worked for 80 years. Now it is overheating. US cattle herd stands at 28 million head, the lowest since 1952. Tyson is closing plants amid $426M losses. Europe faces a 150,000-ton fishmeal deficit in 2026.


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