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Dutch compound feed prices fell in July, with fattening pig chunks down €1.10 to €42.90 per 100 kg. Wheat has traded below €350 per tonne for several weeks after peaking at €425 in mid-May, and the analyst expects further feed price corrections.
Lower grain prices and easing feed costs point to softer compound feed prices for European livestock buyers, while drought in northwestern Europe offers some support to grain.
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.