DDGS Price Keep High in Short Terms

By CnAgri2013-03-29 11:08:55 Print DDGS：On March 27th, 2013, the average wholesale price of DDGS in main production areas is RMB2,341Yuan/MT, up 1.08% compared with last week. DDGS price saw both increase and decrease this week. Price for quality DDGS declined and price for poor quality DDGS increased and price differences narrowed.  Profit of manufacturers continued shrinking with corn price rising in upstream and alcohol price declining. Though DDGS price is high in short terms, soymeal price fall shall to some extent push it down slightly in the long run.  (Table 2)

 

From “China Livestock and Feed Market Weekly Report”