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Soybean meal plummeted nearly 1,000 yuan, corn down 100 yuan, a number of feed companies issued price cuts!
The long drought is a sweet rain! Farmers can finally breathe.

Recently, feed prices ushered in the first drop after the year, a number of feed companies released price cuts, the rate of reduction ranging from 50-300 yuan / ton.

The root of the problem is still the price of feedstuffs, feed raw material prices fell triggered by the decline in feed prices, it is expected that the next feed prices still have space to reduce.

#Feed#

Soybean meal prices

Recently, the price of soybean meal is no longer high, finally appeared to be downward, and downward amplitude is expanding.

According to international news, South American soybeans have begun to gradually listed; superimposed on the domestic April 1 put 500,000 tons of policy soybeans; in the two *** with the role of the soybean meal prices appeared to plummet, the decline is still expanding.

As of April 6, soybean meal (43% protein) offer 4578 yuan / ton, some areas even fell to 4200 yuan / ton or so, half a month before the highest point fell nearly 1000 yuan or so, just half a month, the price of soybean meal has finally begun to "ground".

National soybean meal prices: Northeast China's highest soybean meal price of 4927.59 yuan / ton; East China's highest soybean meal price of 4914.84 yuan / ton; South China's highest soybean meal price of 4754.73 yuan / ton; Central China's highest soybean meal price of 4,849.83 yuan / ton; North China's highest soybean meal price of 4,886.51 yuan / ton; Northwest China soybean meal price of 4881.45 yuan / ton; the highest price of 4881.45 yuan / ton. The highest price of soybean meal was 4881.45 yuan / ton; Southwest China's highest price of soybean meal was 4754.73 yuan / ton.

Corn prices

More than soybean meal, recently, corn prices also ushered in a slight downward adjustment.

But everywhere by the impact of the epidemic, transportation and other aspects of the constraints, the short-term corn overall listing is not very large.

After the price trend will also be with the supply of ups and downs, the overall price of corn will not have too much fluctuation.

As of April 6, corn (14% moisture) was quoted at 2,763.67 yuan per ton, dropping to about 2,600 yuan per ton in some areas, down about 50-100 yuan per ton from a month ago.

National corn prices: the highest corn price in Northeast China was 2769.04 yuan/ton; the highest corn price in East China was 2853 yuan/ton; the highest corn price in South China was 2899.79 yuan/ton; the highest corn price in Central China was 2844.62 yuan/ton; the highest corn price in North China was 2789.74 yuan/ton; the highest corn price in Northwest China was 2781.11 yuan/ton. The highest price of corn was 2781.11 yuan/ton; the highest price of corn in Southwest China was 3021.93 yuan/ton.

Feed prices

With the low price of feedstuffs, feed prices also began to pull back one after another, pig farmers finally waited for the "darkness".

As of April 6, a number of feed companies have announced feed price cuts, the highest rate of reduction reached 300 yuan / ton.

For the next feed price trend, mainly depends on the trend of feed raw material prices, from the current market situation, the decline in the price of soybean meal has become a foregone conclusion, and corn prices will not be too drastically back down in the short term; so I believe that the next feed prices rise and fall of the influence of factors is mainly in the soybean meal, how much to fall depends on the soybean meal rate of decline, but it can be determined! Is the next feed prices will continue to fall, and the scope of price reductions will be further expanded.

What do you think?