SNAP Participation Falls to Lowest Level Since 2009
The Supplemental Nutrition Assistance Program, otherwise known as SNAP, has been known to have significant influence on the protein market. Having been in existence since 1939, at least in its more primal stages, it’s safe to say that the longevity of this influence has run parallel with the growth and development of what we know to be today’s protein industry. This has become so evident that, like clockwork, just about everyone will expect a market variation or influence every “first of the month” or “week of the two's."
In March of 2019, SNAP participation went below 37 million people for the first time since September of 2009, almost a 10-year low. Many economists attribute this to...
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