Global Feed Prices Stable as Soymeal Weakens
Feed ingredient markets showed mixed trends this week, with soybean meal easing on higher South American supply while corn and DDGS held steady. Lower freight rates supported global trade margins for feed mills and integrators.
Soybean Meal Trends: Crush Margins Improve in Argentina
Argentine crushers increased exports as domestic crush margins improved, narrowing the price gap with U.S. Gulf. Indian soybean meal remained competitive in Asian markets due to freight advantages and weaker domestic demand.
Corn & DDGS Tracker: U.S. Exports Steady, China Demand Soft
Corn prices held range-bound as U.S. exports remained stable but Chinese demand slowed. DDGS values softened slightly amid higher ethanol production and improving global supply chains.
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