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Zimbabwe's poultry feed production dominated the stockfeed industry in Q2 2017, averaging 22,473 tonnes monthly, though output fell 25% in quantity versus the prior year. Raw material prices were mostly flat versus Q1, with meat and bone meal up 11% and fishmeal up 8%.
Falling feed output signals weaker local demand for protein meals and grains, while higher MBM and fishmeal prices point to tighter supply of those protein ingredients. The effect on world prices is limited given Zimbabwe's small scale.
m.businessdaily.co.zweDuzeNetAug 28, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 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.
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.
