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Ceva's September poultry outlook reports European corn prices down $4.2/t to $252.2/t and Chinese corn roughly stable at $349.1/t. Brazilian corn rose $5.8/t, and Brazilian soymeal prices rose sharply over the month.
Record US corn availability and falling European prices point to soft feed grain costs, while firmer Brazilian soymeal supports protein input prices for poultry feed buyers.
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.