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Chinese compound feed prices for pigs and broilers were stable and layer feed rose slightly to RMB 2,810/MT in the week reported. Corn prices rose while soymeal prices fell sharply, and feed gross margins for pigs, broilers and layers moved little.
Sharp weekly declines in Chinese soymeal alongside higher corn point to softer protein demand in China, a bearish signal for soymeal with mixed effects on corn.
en.cnagri.comDec 6, 2018Not 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.
