DDGS Market Places Hope on Recovery of Awquatic Breeding

By CnAgri2014-03-31 10:53:46 Print DDGS: On Mar. 26th 2014, the average wholesale price of DDGS in main production areas is RMB2,145Yuan/MT, down 0.64% compared with last week. On the one hand, suffering from loss, alcohol enterprises controlled DDGS delivery with low operating rate and had obvious desire of holding price. On the other hand, domestic live hog breeding entered deep loss stage and feed enterprises were pessimistic about later market, which to some extent restrained demand for DDGS. It is predicted domestic DDGS market shall keep weak but price shall see no great decline. Expecting demand recovery of aquatic breeding. (Table 2)



From “China Livestock and Feed Market Weekly Report”