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China's feed output slightly declined in the first half of 2017, according to market intelligence firm CCM, while prices rose to some extent. Premixed feed grew year on year even as formula and concentrated feed fell.
Consolidation toward larger producers, driven by environmental rules closing small farms, tends to sustain structural demand for feed ingredients, though the slight output dip signals softer near-term volume.
allaboutfeed.netby patrick schreiberSep 29, 2017
foodagribusiness.worldpatrick schreiberSep 29, 2017After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.
