A Lider Media market commentary says global oilseed and grain prices have reached their highest levels and are expected to decline. It notes freight rates rising about 10 percent, a soybean meal cargo unloading in Koper, and fishmeal logistics improving in March.
Peru fishmeal shortages are keeping China stocks low.
Higher freight and tight Peruvian fishmeal supply support meal prices in the near term, while expectations of a price peak point to possible softening.
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.