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Zimbabwe's ban on soybean meal imports pushed local soya meal prices up 67% in 2017, from $450 to $750 per tonne. Wholesale chicken rose from $2.80 to $3.75 per kg between December 2016 and December 2017, with avian flu also cutting day-old chick supply.
Import restrictions and disease are raising feed costs and cutting poultry output in Zimbabwe, reducing its meal import demand and keeping local chicken prices high.
cfuzim.orgPost author Written by ...Feb 19, 2018After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
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.
