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Agri Stats data show corn in the Americas rose from about US$150 per ton in 2017 to US$250 in July 2023. Soybean meal rose from US$311 to US$511 per ton over the same period, with importers paying about US$600.
Sustained high corn and soybean meal costs squeeze poultry and pork margins across the Americas, especially in import-dependent countries, and keep feed demand price-sensitive.
avinews.comOsmayra CabreraJan 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.
