
European plant ingredient prices since late September show soybean meal down 11%, soybeans down 5.5% and oats down 16%, while yellow peas have risen. Record US crops and high stocks drove soy and oat declines.
China and India are buying more Canadian yellow peas, and the weaker euro is raising the cost of North American imports.
Record US soybean supply and high stocks keep soy meal and oats cheap for European feed buyers, while firmer pea demand and a weaker euro raise costs for pea-based ingredients.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.