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Italian feed grain prices for the first week of November were broadly stable, with domestic barley up slightly and sorghum unchanged. Soybeans in Italy held at €440/t amid harvest delays.
Soybean meal prices fell as Chicago futures dropped below $300/t, the lowest since August 2020.
Weak Chicago soymeal futures are pulling Italian soymeal prices lower, reflecting ample global protein supply that favors feed buyers.
tridge.comVictor LangatNov 11, 2024Not enough comparable past events yet for a historical read.
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.
