China's feed price remains low as a result of the declining domestic corn price and flat soymeal price, which boosts the livestock industry's profitability. Despite small fluctuations, China's corn price continues to move downward as the harvest comes to an end. China's Low Feed Material Price Boosts Livestock Industry's Profitability China's feed price remains low as a result of the declining domestic corn price and flat soymeal price, which boosts the livestock industry's profitability. Despite small fluctuations, China's corn price continues to move downward as the harvest comes to an end. According to ChinaJCI data, it currently stands at $392-$395/MT in most areas, down nearly $35/MT month-to-month. The average wheat price nationwide...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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