DDGS Price Weighed to Decline by Great Stocks

By CnAgri2013-10-31 11:16:06 Print DDGS：On Oct. 30th, 2013, the average wholesale price of DDGS in main production areas is RMB2,273Yuan/MT, down 2.68% compared with last week. Domestic corn price declines and procurement desires go down of feed enterprises, traders and corn deep processing enterprises. But stocks of corn deep processing enterprises increased since sale went slack with increasing operating rate. So price for by-products was weighed on and domestic DDGS price is predicted to decline slowly. (Table 2)



From “China Livestock and Feed Market Weekly Report”