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Dutch animal nutrition companies at VIV Europe said the Russia-Ukraine war has raised costs and reduced availability of feed raw materials. Feed additive producers face higher energy costs, and grain prices are at high levels.
Feed manufacturers expect major tensions in the coming four to five months.
Persistently high grain, energy and freight costs feed through to compound feed and additive prices, supporting feed prices for buyers in Europe.
feedinfo.comJun 9, 2022After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.
After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.
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.
