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The OECD-FAO Agricultural Outlook 2022-2031 projects global agricultural production to grow 1.1% per year over the next decade. It forecasts slower aquaculture growth, lower fishmeal and fish oil prices, and rising cereal and soybean output, while noting the ongoing effects of the Ukraine war on food supply.
A medium-term forecast of higher soybean and cereal output and lower fishmeal prices points to ample protein and energy supply for feed buyers over the decade.
aquafeed.comAquafeed Media SLUAug 10, 2022Not enough comparable past events yet for a historical read.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
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.
