Loading…
A monthly poultry outlook reports that US corn rose $2 to $160/t in October on record export sales, mainly to Mexico. Brazilian corn averaged $204/t after rising $6, Chinese corn fell 3.7%, and Chicago soymeal dropped $4.8 versus September.
Strong US corn exports and Brazilian weather concerns support feed grain prices, while weaker soymeal points to cheaper protein feed for buyers.
poultry.ceva.comOct 30, 2024Not 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.
