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UK feed supply is plentiful after a milder spring reduced livestock feed demand, pushing prices lower. Soya meal and hulls are well below year-ago levels as China shifts purchases to South American supply.
Weak UK feed demand and cheaper soy products lower feed costs for buyers, while Chinese sourcing shifts weigh on US soybean meal prices.
fwi.co.ukKellie DrewMar 28, 2019Not 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.
