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Iranian feed input prices have fallen over the past two months, even as the exchange rate rose. Corn dropped from about 645 thousand toman in Mehr to about 600 thousand in Aban, and soybean meal from about 940 thousand to 850 thousand, while poultry, egg and raw milk prices increased.
Lower corn and soymeal costs widen margins for Iranian poultry and dairy producers while their output prices rise. Lower domestic feed prices reduce demand pressure on imports.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.