
Weekly Ministry of Agriculture and Rural Affairs data show China's egg prices were up 20.4% year on year in early November. Broiler chick prices fell over the same period, and poultry feed prices were flat on the week, with corn and soymeal edging lower.
Higher egg prices support Chinese layer-farm margins and feed restocking, while softer corn and soymeal prices weigh on feed-ingredient demand. Overall the effect on feed prices is small.
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.