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Post Holdings reported a second-quarter sales decline of 0.7% to $1.5 billion and operating profit down 5.5%, with its consumer brands segment hit harder. Management blamed faster-than-expected cost inflation, weather-related supply disruptions and labor shortages.
The article concerns a packaged food company's earnings and does not describe a feed ingredient supply or demand change, so the direct effect on feed commodity prices is minimal.
foodnavigator.comElizabeth CrawfordMay 10, 2021After 238 past macro events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -2.1% to +1.7%), and -0.5% over 20.
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.
