# MARKETS: Feed cost falls back - Farmers Weekly

> UK feed wheat spot prices fell about £4 a tonne over the past month while soyameal was little changed. Soya has dropped more than £70/t since May, and China's imports of US soybeans in September were sharply lower year on year.

- Date: 2018-11-16 · published 2018-11-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/62109-markets-feed-cost-falls-back-farmers-weekly
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower soya and feed wheat costs have cut layer ration prices, easing feed costs, though renewed hopes of a US-China trade deal could lift soya prices.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼
- WHEAT: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/livestock/poultry/markets-feed-cost-falls-back

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