High Cost of Animal Feeds Pushes Grain Imports by 72 percent

After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.

• Oct 25, 2021Feed millers push for GMO imports to cut rising costs - Business Daily+1.0%
• Nov 10, 2016Aquafeed.com | Peru increases anchovy quota in light of high biomass+0.0%
• Jan 9, 2020Higher export taxes impacting Argentina farmers | 2020-01-09 | World Grain+1.1%
• Aug 27, 2024EU Oilseed Meal Market: Repercussions off Duty Imposed on Russia - Milling and Grain-0.2%
• Jun 16, 2021Organizations have six demands: Action plan must prevent all deforestation in our imports - Green Transition Denmark-1.8%

After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.

• Oct 25, 2021Feed millers push for GMO imports to cut rising costs - Business Daily+3.5%
• Aug 4, 2026Ukraine introduces 0.714 coefficient for minimum export prices on grains and oilseeds-0.5%
• Mar 31, 2023Ag groups lay out farm bill concerns - High Plains Journal-1.2%
• Sep 24, 2018Analyzing a 1-cent MFP corn payment - High Plains Journal+0.7%
• Apr 6, 2017Market Perspectives April 6, 2017 - Page 7 of 10 - U.S. Grains & BioProducts Council+0.6%

Not enough comparable past events yet for a historical read.