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A Ceva monthly outlook reports that global corn prices fell in May except in China, with US corn down from $184.6/t to $178.7/t and Brazil's falling sharply on a large harvest forecast of 131 Mt. Soybean meal prices also declined in Brazil, the US and Europe on strong supply expectations.
Strong planting progress and large Brazilian crop expectations point to ample feed grain and meal supply, which keeps feed input costs for buyers lower. China's rising corn price reflects separate trade-driven tightness.
poultry.ceva.comMay 30, 2025Not 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.
