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Polish wet corn lost over 110 zł/t in two weeks to an average of about 540 zł/t, and dry corn fell about 40 zł/t, now averaging below consumption wheat for the first time in months. Hog prices remain weak on low demand, and rising fertilizer prices are curbing purchases.
Corn's discount to wheat makes it a cheaper feed option, while weak hog demand reduces meal and feed demand. Rising fertilizer costs signal higher production costs ahead.
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.