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Cepea reports that chicken farmers in São Paulo saw purchasing power decline in November, following a record high against soybean meal in October. Lower live-chicken prices and higher soybean meal and corn values drove the weakening.
Rising soybean meal and corn costs squeeze poultry margins, which can reduce chick placements and future feed demand.
Not enough comparable past events yet for a historical read.
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.