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Ceva's April poultry market outlook reports that farm input prices moved in unison during April, with corn supported by strong US export activity. Brazilian corn fell $16/t as the safrinha harvest progressed, while Chinese corn was roughly flat at $325/t versus $323.5/t in March.
Soymeal prices trended lower globally, with Brazilian meal down $20/t over the month.
Strong US corn exports and a weaker dollar support US corn values, while harvest pressure in Brazil weighs on South American corn and soymeal prices. Feed buyers should expect firm US corn and softer soymeal in the near term.
poultry.ceva.comApr 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.
