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Ridley Corporation, Australia's largest stockfeed miller, reported positive beef and pig feed demand at its AGM. Dairy sales fell year on year in the July-September quarter, and salmon feed volumes trailed expectations.
Strong beef lotfeeding and drought-driven supplementary feeding support demand for feed grains and protein in Australia, while weaker dairy feed sales add a small offset.
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.