Loading…
UK feed raw material costs remain at historic highs despite recent declines, with ex-farm feed wheat easing from a £332/t mid-May peak to £305/t and soymeal slipping from £500/t in April to £488/t. The layers' ration fell from £400/t in May to £383/t in early June but has been the highest on record for several months.
Forward indications remain on the upside of neutral.
Elevated UK feed-wheat and soymeal prices keep compound feed costs high for poultry producers, though the recent softening offers modest relief if supply concerns ease.
poultry.networkKen RandallJun 13, 2022Not 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.
