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UK feed wheat and Paris rapeseed futures were little changed on January 30, 2024, with weakness in vegetable oils. Chicago soymeal futures have fallen about 15% since November 10, 2023, and spot soymeal prices have also declined.
Expected large South American soybean supplies are pushing soymeal lower, which can weigh on rapeseed and other protein meal values that compete with it in feed rations.
ahdb.org.ukJan 31, 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.
