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A feed ingredient market update says trading is quiet while soft commodities are volatile. It notes China's sow herd rose 1.1% month on month in April and 23% year on year, recovering from African Swine Fever losses.
A rebuilding Chinese sow herd signals rising future demand for feed ingredients such as methionine and protein meals, which supports prices.
foodagribusiness.worldGlowlitMay 19, 2021Not 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.
