Ceva's October poultry outlook says global corn prices have generally trended lower, with European corn falling to $201.4/t from $214.9/t in September. European soymeal fell $7/t to $351/t, following Chicago's decline, while soybean prices remain sensitive to US-China trade talks.
Ample corn supply and weaker meal prices keep feed input costs low for poultry and livestock buyers. Soybean meal direction stays tied to the US-China trade outlook.
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.