
An industry article argues for relaxing the EU ban on feeding processed animal by-products to livestock, which has been in place since the BSE crisis. It notes that poultry meal has been allowed in aquaculture-style feeds since 2013 and that BSE is now virtually eradicated in the EU.
Re-allowing rendered poultry and pig protein in feed would add a substitute protein source to the feed market, potentially easing demand for soybean meal and fishmeal over time.
After 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.
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.