
Greek alfalfa acreage this season is reported down about 20% as farmers switch to wheat, cotton and corn, while alfalfa demand has reached record levels. Alfalfa prices are rising in line with soy and cottonseed meals as livestock expansion in Greece lifts feed demand.
Tight alfalfa supply and rising prices in Greece push up forage and feed costs, supporting prices for other protein meals used in the region.
Not 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.