Loading…
Mintec is proposing weekly benchmark prices for soybean meal FOB US Gulf, with a launch date of 26 September 2023 if industry supports it. Market participants have until 11 September to submit feedback.
A new transparent US Gulf meal benchmark improves price discovery for feed buyers comparing origins but does not by itself move prices.
mintecglobal.comExpanaAug 25, 2023Not 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.
