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Indian wheat millers are asking for faster easing of export restrictions on wheat products, as wheat bran prices have fallen to about Rs 20 per kg from Rs 25 in May. Rising supplies of DDGS, an ethanol byproduct, are displacing wheat bran and soymeal in livestock feed.
Growing DDGS supply is substituting for wheat bran and soymeal in feed rations, which weakens demand for these feed ingredients and pressures their prices.
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.