Brazilian Animal Feed Output Reaches 45.2 Million Tonnes in First Half, Led by Poultry and Pigs

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Feb 9, 2024Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes - Fastmarkets-2.2%
• Dec 12, 2019China’s animal feed demand to rebound by 8% in 2020 | Feed Strategy+5.5%
• Aug 13, 2024Brazilian crop output reduced by adverse weather-1.2%
• Dec 15, 2020Surging feed prices will test recovery in US animal protein production-1.7%
• Apr 5, 2021Avian influenza, feed prices and covid-19: a challenge for the recovery of the poultry industry+0.4%

After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.

• Feb 9, 2024Conab slashes Brazil soybean output to 149.4M tonnes and corn to 113.6M tonnes - Fastmarkets-1.9%
• Dec 12, 2019China’s animal feed demand to rebound by 8% in 2020 | Feed Strategy+3.3%
• Aug 13, 2024Brazilian crop output reduced by adverse weather-2.6%
• Mar 4, 2025Revealed: Decline in animal protein meals and fats usage in US livestock feed - Milling and Grain+1.6%
• Dec 15, 2020Surging feed prices will test recovery in US animal protein production+8.3%