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The decline in corn prices in October outpaced the fall in egg prices, restoring some São Paulo egg producers’ purchasing power for corn and ending three months of deterioration in the exchange ratio. Ample post-harvest domestic supply, lower international quotations and a weaker real discouraged export parity and kept more corn available domestically; soybean meal affordability worsened for a fourth consecutive month.
Greater domestic corn availability and weaker export incentives are bearish for corn and ease poultry feed costs. Rising soybean meal prices continue to pressure the protein component of feed and producer margins.
ruralnews.agr.brJair ReinaldoNov 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.
