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Ceva's March poultry outlook reports US corn up 5.3% month on month to $179.5/t and Chinese corn up to $359.2/t, with European soymeal rising to $404/t. Brazilian soymeal fell to $385.3/t as harvest progressed.
Higher energy and fertilizer costs from the Middle East conflict are lifting feed grain and meal prices, while Brazil's harvest pressure is a offsetting bearish factor.
Not enough comparable past events yet for a historical read.
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.