Animal Feed Output Grows 4.2% in First Half to 45.2 Million Tonnes

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.

• Oct 7, 2021September´s estimate expects harvest of 250.9 million tonnes in 2021 | News Agency-2.7%
• Feb 1, 2017World stockfeed production eclipses one billion tonnes for first time - Grain Central-0.1%
• Jan 28, 20173.7% rise in animal feed production+2.0%
• Dec 15, 2020Surging feed prices will test recovery in US animal protein production-1.7%
• Feb 7, 2019Grain Barge Tonnages Drop in 2018 | Feed & Grain News+0.9%

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.

• Jul 11, 2019Estimates for 2019 harvest increase, hit 236 million tonnes | News Agency-0.5%
• Feb 1, 2017World stockfeed production eclipses one billion tonnes for first time - Grain Central+0.4%
• Jan 28, 20173.7% rise in animal feed production-3.3%
• Apr 21, 2020The future of feed ingredients - Milling and Grain-0.1%
• Dec 15, 2020Surging feed prices will test recovery in US animal protein production+8.3%

Not enough comparable past events yet for a historical read.