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Ceva Poultry's January outlook reports US corn rose to $173.6/t from $167.3/t in December, partly on dollar weakness after USDA raised its production estimate. Brazilian and European corn were roughly flat, with European supply tight due to slower Ukrainian flows.
US soybean meal fell $12.7/t to $299.3/t amid expectations of a record Brazilian crop.
A weaker dollar and tight European supply support import-side feed grain prices, while record Brazilian soybean supply keeps meal prices under pressure for feed buyers.
poultry.ceva.comJan 30, 2026After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 399 past bearish report events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 47 past bearish report events, DXY moved a median -0.2% over 5 sessions (34% higher; middle half -0.8% to +0.2%), and -0.7% 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.
