Loading…
A Novus International product manager reports that corn and soybean meal prices in the last quarter of 2020 were the highest in five years. Feed makers across Southeast Asia and the Pacific are dealing with these elevated raw material costs.
Sustained high corn and soymeal costs squeeze feed-mill margins and push formulators toward cheaper alternatives. This is a commentary on past prices rather than a new event.
efeedlink.comAnnafe Perino, product manager, Novus International Southeast Asia, PacificMar 24, 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.
