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Chinese soybean meal spot prices have risen nearly 1,000 yuan per tonne since April as commercial inventories fell significantly. SunSirs estimates this will raise feed costs for breeding enterprises by 100-180 yuan per tonne, given meal's 10-18% share of feed.
Tighter Chinese meal inventories and rising spot prices lift feed costs for livestock producers and support import demand for soymeal.
sunsirs.comApr 29, 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.
