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Soybean meal and corn prices are down, why are feed prices still high? The real reason is here!
Recently, due to changes in feed prices, farmers for the collection of feed more and more high, and the main factors affecting the rise and fall of feed prices lies in the feed ingredients, from which the market trend of soybean meal and corn has become the focus of the pig industry collection of degrees, especially has been "floating in" the high price of soybean meal, and its trend directly The impact of the feed market.

According to the latest market data show that on April 15, the latest average price of soybean meal across the country for 4689.81 yuan / ton, down 40.95 yuan / ton, the latest average price of corn across the country for 2765.5 yuan / ton, down 1.01 yuan / ton yesterday.

From the above two data point of view, soybean meal and corn are stable with a downward trend.

Said (most 18 words soybean meal price quotations

Soybean meal is the main source of protein elements in the feed, the end of last year when the soybean meal quoted at about 3,200 yuan, but the year after the price of "soaring" situation, the highest price had risen to about 5,500 yuan, a ton of soybean meal rose 2300 yuan! / ton, a catty of soybean meal rose 1.15 yuan / catty, well into April soybean meal prices downward, as of now, a catty of soybean meal roughly in the 2.35 yuan.

Corn price market

Corn is the main source of energy in the feed, corn as the king of energy feed, in the feed formula is also one of the indispensable raw materials, the end of last year when the corn quotes in the 2400 yuan or so, but after the year, although its price is not like soybean meal, "fly on the sky", but the same! Also rose 400 yuan / ton, the highest price rose to 2800 yuan / ton or so, local areas rose to 3000 yuan / ton, however, the current price of corn has been a pullback trend, the first-line market is now the offer of corn for 1.4 yuan / kg or so.

The main factors affecting the price of feed ingredients

Soybean meal market trends.

To say that the trend of soybean meal price quotations, we have to mention soybeans, in fact, China's soybean production alone, has been more difficult to break through a problem in China.

First of all, from the planting area, our country is suitable for cultivation of soybean areas for the Northeast Plains and the North China Plain, which is relative to the huge population base in our country, the planting area is far from enough, in recent years, the official is also to take a variety of measures to increase the planting area of soybeans, and this year it is proposed that the "soybean corn belt composite "planting, in order to increase the total output of soybeans.

Secondly, from the unit production, it is due to the lack of China's soybean production, so China is one of the world's major importers of soybeans, last year, China's soybean imports reached 96.53 million tons.

This means that once the soybean exporting countries production decline (this year, the United States, Brazil, Argentina, soybean production cuts obviously), our soybean imports will be a threat, to put it bluntly, the initiative is not in their own hands.

This official is also from the provision of soybean seeds and technology to work in order to improve China's soybean unit production, but in the short term, soybean still need to rely on imports of the fact that can not be changed.

Corn market trend.

To say that the trend of the corn price market, than soybeans to be too good, although China's overall demand for corn is not too enough, but it can be said that the initiative is still in their own hands, China's average self-sufficiency rate of corn can reach more than 90%.

First of all, in terms of planting area, in 2021, affected by the factor of rising corn prices, China's corn planting area increased by 5%, and thus corn production reached 272.6 million tons, an increase of 4.6% year-on-year.

Secondly, in terms of unit production, in recent years, China's unit production of corn has been relatively stable, but due to the impact of weather, insect pests and other factors, corn yields in 2021 is a decline, which also contributed to the rise in corn prices.

Feed price market forecast

Combined the above information, due to the soybean initiative is not in our own hands, and the recent international grain prices have risen significantly, in the long term, soybean meal prices are difficult to have too much decline;

And corn, China's overall supply of corn is still a stable guarantee, superimposed on the storage of corn substitutes-wheat is abundant, in the long term, corn prices do not have a significant increase in the price of corn. To say, corn prices do not have the possibility of a sharp rise;

From this, we can determine that the next feed price quotes are still mainly in the soybean meal, but from the international soybean production cuts, 2022 feed prices and not much room for a decline, the decline also depends on domestic demand, if the farming industry capacity to de-emphasize the obvious, the feed price may be a significant decline.