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The European Commission's EU Agricultural Outlook 2017-2030 forecasts EU compound feed use to rise about 4% to 275 million tonnes by the end of the period. The fastest growth is expected in medium-protein feeds such as corn gluten, distillers grains and field peas.
Feed prices are projected to stay only slightly above current levels.
Rising EU feed demand, especially for medium-protein ingredients, supports imports and substitutes for soymeal and corn. Modest projected price increases suggest limited pressure on feed costs.
feedstrategy.comdeveloper undefinedJan 16, 2018Not 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.
