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A CZ app insight piece says EU livestock producers are sourcing more expensive alternative feed after Ukraine war disruption to corn and rapeseed exports. Farmers are passing higher feed costs to consumers through higher meat prices, and feed makers are raising amino acid use to offset lower soymeal inclusion.
Lost Ukrainian corn and rapeseed supply pushes EU feed buyers toward costlier substitutes, supporting protein meal and grain prices and the amino acid inputs used to replace soymeal.
czapp.comYoke WongApr 20, 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.
Not enough comparable past events yet for a historical read.
After 34 past bullish geopolitics events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +3.5%), and +1.2% 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.
