
During November 2–6, Thai rice, feed corn and live hog prices rose, while imported soybean meal prices fell. Thai feed-corn prices increased from 693 to 729 baht per picul even as CBOT corn futures fell; soybean meal prices dropped from 18.35 to 17.85 baht per kilogram amid expectations of abundant U.S. supplies.
Lower soybean meal prices ease feed costs for livestock producers, while higher domestic corn prices work in the opposite direction. The report also points to softer global soybean and corn markets, though Thai corn prices may stabilize in the near term.
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.