Loading…
A brief Agweb piece reports that China's hog diets are shifting away from soybean meal. The text provides no further detail on the scale or timing of the change.
If hog feeders reduce soymeal inclusion, soymeal demand weakens, pressuring meal prices and crush margins.
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.