Loading…
In October, corn prices in Brazil fell more sharply than egg prices, improving São Paulo poultry farmers’ purchasing power for corn and ending three consecutive months of deterioration in that exchange ratio. In contrast, their purchasing power for soybean meal declined for a fourth straight month as meal prices rose; abundant domestic corn supply, lower international prices and a weaker dollar contributed to the corn price decline.
Cheaper corn eases feed costs for poultry producers, but rising soybean meal prices offset some of the benefit and tighten protein-input affordability. The supply pressure on corn is bearish for corn, while firmer meal prices are bullish for soybean meal.
opresenterural.com.brNov 6, 2026Not 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.
