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Soybean meal quotation
After a long drought, there will be rain! Farmers can finally catch their breath.

Recently, feed prices ushered in the first drop after the year, and many feed enterprises released price reduction information, with the drop ranging from 50-300 yuan/ton.

The root cause is the price of feed raw materials. The decline in the price of feed raw materials has led to the decline in feed prices, and it is expected that there is still room for decline in feed prices.

# Feed #

Soybean meal price

Recently, the price of soybean meal is no longer high, and it has finally been lowered, and the scope of the reduction is constantly expanding.

According to international news, South American soybeans have begun to be listed step by step; Overlay 500,000 tons of policy soybeans released by China in April 1; Under the joint action of the two, the price of soybean meal plummeted, and the decline was still expanding.

As of April 6, the price of soybean meal (43% protein) was 4,578 yuan/ton, and in some areas it even fell to about 4,200 yuan/ton, which was about 1 10,000 yuan lower than the highest point half a month ago. In just half a month, the price of soybean meal finally began to "ground".

National soybean meal price: the highest soybean meal price in Northeast China is 4927.59 yuan/ton; The highest price of soybean meal in East China is 49 14.84 yuan/ton; The highest price of soybean meal in South China is 4754.73 yuan/ton; The highest price of soybean meal in central China is 4849.83 yuan/ton; The highest price of soybean meal in North China is 4886.5 1 yuan/ton; The highest price of northwest soybean meal is 488 1.45 yuan/ton; The highest price of southwest soybean meal is 4754.73 yuan/ton.

Corn price

Not only soybean meal, but also the price of corn has been slightly lowered recently.

However, affected by the epidemic, transportation and other aspects are limited, and the overall market volume of corn is not very large in the short term.

The subsequent price trend will also rise and fall with the supply situation. Generally speaking, the price of corn will not fluctuate too much.

As of April 6th, the price of corn (14% moisture) was 2763.67 yuan/ton, and in some areas it dropped to about 2600 yuan/ton, which was about 50- 100 yuan/ton lower than before.

National corn price: the highest corn price in Northeast China is 2769.04 yuan/ton; The highest price of corn in East China is 2853 yuan/ton; The highest price of corn in South China is 2899.79 yuan/ton; The highest price of corn in central China is 2844.62 yuan/ton; The highest price of corn in North China is 2789.74 yuan/ton; The highest price of northwest corn is 278 1. 1 1 yuan/ton; The highest price of southwest corn is 302 1.93 yuan/ton.

Feed price

With the reduction of feed raw material prices, feed prices began to rise one after another, and pig farmers finally waited for a "bright future".

As of April 6th, many feed enterprises have announced the news of feed price reduction, with the highest drop reaching 300 yuan/ton.

For the next trend of feed prices, it mainly depends on the trend of feed raw material prices. Judging from the current market situation, the decline of soybean meal price is a foregone conclusion, while the price of corn will not fall too much in the short term; Therefore, Bian Xiao believes that the next influencing factor of feed price is mainly soybean meal, and how much it can fall depends on the decline of soybean meal, but what is certain is that feed price will continue to fall and the price reduction will be further expanded.

what do you think?