# Poultry Market Outlook - Oct - Ceva Poultry

> 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.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/27961-poultry-market-outlook-oct-ceva-poultry
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong US corn exports and Brazilian weather concerns support feed grain prices, while weaker soymeal points to cheaper protein feed for buyers.

## Read by commodity

- SBM: bearish ▼
- CORN: bullish ▲

## Sources

- poultry.ceva.com: https://poultry.ceva.com/news-events/poultry-market-outlook-oct/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.