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Chinese feed ingredient prices on November 30, 2020 were largely flat: corn about 2507 RMB/MT, soybean meal 3160-3200, DDGS 2290.5, and rapeseed meal up 10 RMB. Cottonseed meal eased slightly as cottonseed oil mills restricted output while protein meal demand stayed weak.
Flat-to-soft domestic Chinese meal prices signal limited near-term import pull for protein meals, so price pressure on feed ingredients stays muted.
stcdie.comNov 29, 2020Not 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.
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.
