# 'Cheaper compound feed is inevitable' - Inside Feed | Boerenbusiness. Nl

> Soy prices fell last week to their lowest level since 2008 amid the US-China trade dispute, according to Agrifirm's weekly update. Grain prices have also dropped further after rising sharply following the dry 2018 summer, and a USDA report projected a significantly larger harvest.

- Date: 2019-05-15 · published 2019-05-15T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59196-cheaper-compound-feed-is-inevitable-inside-feed-boerenbusiness-nl
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak Chinese demand and a larger US crop keep pressure on feed raw material prices, so compound feed prices are expected to fall, though with a lag. Weather delays in the US Midwest are a possible upside risk.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-02 | [China pig price rise: autumn peak or structural? - Analysis Pigs \| Boerenbusiness. Nl](https://feedsoft.ai/events/43579-china-pig-price-rise-autumn-peak-or-structural-analysis-pigs-boerenbusiness-nl.md) | +2.7% | +8.1% |
| SOY | 2019-07-15 | [Exporting U.S. Ag Is Big Business](https://feedsoft.ai/events/58067-exporting-u-s-ag-is-big-business.md) | -0.6% | -3.6% |
| SOY | 2018-10-09 | [Fat pigs fed less is latest China weapon in trade war](https://feedsoft.ai/events/62547-fat-pigs-fed-less-is-latest-china-weapon-in-trade-war.md) | +2.5% | +0.4% |
| SOY | 2021-08-23 | [African Swine Fever Recovery in China, a Variable Impacting Feed, Pork Imports](https://feedsoft.ai/events/45562-african-swine-fever-recovery-in-china-a-variable-impacting-feed-pork-imports.md) | +5.1% | -2.4% |
| SOY | 2022-04-22 | [Unusual Drop in China's Soy Demand Could Precede Pork Contraction - Pork Business](https://feedsoft.ai/events/41838-unusual-drop-in-china-s-soy-demand-could-precede-pork-contraction-pork-business.md) | -2.4% | -3.3% |
| SBM | 2021-12-02 | [China pig price rise: autumn peak or structural? - Analysis Pigs \| Boerenbusiness. Nl](https://feedsoft.ai/events/43579-china-pig-price-rise-autumn-peak-or-structural-analysis-pigs-boerenbusiness-nl.md) | +2.0% | +13.8% |
| SBM | 2019-01-21 | [Animal feed compounders choosing soymeal over expensive DDGS  : The Daily Digest](https://feedsoft.ai/events/61097-animal-feed-compounders-choosing-soymeal-over-expensive-ddgs-the-daily-digest.md) | -0.9% | -3.1% |
| SBM | 2018-10-09 | [Fat pigs fed less is latest China weapon in trade war](https://feedsoft.ai/events/62547-fat-pigs-fed-less-is-latest-china-weapon-in-trade-war.md) | +4.1% | -1.1% |

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/varkens/artikel/10882474/goedkoper-mengvoer-kan-niet-uitblijven

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.