22 April 2020
During March, soya meal markets recorded elevated levels of support in the face of coronavirus. Global demand for feed increased, while global availability fell. Countries that had first entered lock-downs experienced large-scale logistical disruptions. Recently, with global soya supply at a high, soya meal prices have since retraced back to pre-March levels. This has provided some respite for the UK livestock industry, which makes use of imports for protein feed sources.