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Export FOB prices for Brazilian and Argentine soybean meal rose 14-20% over four weeks, while European meal rose 20-25%, according to Oil World data. Analysts also cite EUDR uncertainty as added pressure, and expect meal sales volumes to slow as buyers lose price competitiveness.
Higher meal costs reduce feed buyer demand and may cut crush rates, which could ease meal supply later and affect soybean crush margins.
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.