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Dutch bulk compound feed prices have fallen for nine months in a row, and an indicator forecasts further declines until early 2024. The Matif wheat price fell to €220 per tonne, its lowest since late May, amid ample global stocks.
Falling grain costs and ample stocks are pushing compound feed prices lower, which gives feed buyers in the region some relief.
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.