Prices of Feed Ingredients

By CnAgri2012-11-01 10:59:45 Print Corn: On Oct 31, 2012, the average wholesale price of feed corn in main production areas is RMB2,375Yuan/MT, down 0.83% compared with last week. Corn in NE producing areas was at finishing stage and new supply in market increased, facing more seasonal adjusting pressure. Domestic corn price is predicted to rebound later. (Table 1)


DDGS：On Oct 31, 2012, the average wholesale price of DDGS in main production areas is RMB2,085Yuan/MT, 2.91% less than previous week. The seasonal rebound of corn price caused raising rate of alcohol operation and some increase of DDGS supply. However, factories had little warehousing pressure. DDGS price is estimated to go through further rebound with low speed. whether it will stop dropping is decided by terminal demand and market trends. (Table 2)
From “China Dairy Market Monthly Report”


From “China Livestock and Feed Market Weekly Report”