
Thai feed-ingredient prices moved in opposite directions in the week of 9-13 November 2026. Domestic corn prices at feed mill silos rose from 729 to 774 baht per häab, even as CBOT December corn fell 5.5 cents to $4.4250 per bushel on slowing exports and a strong dollar.
Imported soybean meal at a Thai crushing plant dropped from 17.85 to 17.15 baht per kg as US soybean harvest passed 90% and yields were expected to rise.
Higher domestic corn prices raise Thai feed costs even while world futures soften, so the local rally is driven by domestic demand and not by CBOT. Cheaper soymeal eases feed costs for Thai buyers, while a firmer dollar makes US grain more expensive for foreign importers.
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.