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Dutch feed analyst reports that compound feed prices are falling, but only slowly, with pork chunk feed down €2 to €399.50 per tonne in January. Wheat on Matif has dropped from €340 to below €285 per tonne since October, while CBOT soybeans have risen about 10% to above $550 per tonne.
Lower wheat prices are easing compound feed costs, and further declines are expected with a two-to-three month lag, though rising soybean prices partly offset this.
en.boerenbusiness.nlWouter BaanFeb 6, 2023Not 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.
