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Analyst Thomma Shepherd says 2021 feed grain price strength is driven by an aggressive Chinese import campaign and that Argentine soybean output has been cut to 45 Mt by Rosario on dryness. China is importing better-genetics sows from Denmark to rebuild its herd more efficiently.
Sustained Chinese import demand and Argentine supply cuts support feed grain and soybean prices, while sow genetics improvements could reduce long-run feed demand per pig.
thepigsite.comMar 17, 2021Not 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.
