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Agriculture Victoria announced a webinar on May 28 to help livestock owners weigh alternative feeds during ongoing drought in the south west and other dry parts of the state. Speakers warned that by-products carry risks including fibre needs, restricted animal material and chemical residues.
Drought-driven demand for by-product feeds can lift local prices for alternatives like PKE and citrus pulp, but this is a local extension notice with little global price impact.
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.