Protein Price Update
Most prices were higher this week, with eggs up 2.4% and now up 8.9% year on year. Egg prices are close to going above 10 yuan per KG, and haven’t been at this level since February 2025.
Historical data and charts at https://sitoniaconsulting.com/protein-price-update/
Spread Update
The inverse in Dalian Sept/Jan corn is well below last year’s levels, but has strengthened even as flat price corn has sold off in May.
Sept/Jan soybean meal is now trading at the widest carry ...