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UK poultry ration costs remain high, and feed prices show little sign of easing as the Northern Hemisphere harvest begins. UK feed wheat rose £3-4/t in early July on dry weather concerns but has since levelled off, while Russian harvest estimates have been revised upward.
Elevated wheat and soya values keep feed input costs high for UK poultry producers. Upward Russian crop revisions could cap wheat gains if confirmed.
poultry.networkKen RandallAug 6, 2020Not 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.
