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The Animal Feed Manufacturers Association reports South African feed makers have raised prices because of higher costs for maize and oilcake, which together dominate raw material use. The association links the cost increase to disruption from the Russia-Ukraine conflict.
Higher maize and soy and sunflower oilcake costs in South Africa reflect tight global grain supply and feed a regional price increase for feed buyers.
millingmea.comFrankAug 29, 2023Not enough comparable past events yet for a historical read.
Not 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.
