Prices of Feed Ingredients
By CnAgri2015-08-31 13:42:25 PrintCorn:On 26 August 2015 the average wholesale price of corn in main production areas is RMB2, 371 Yuan/T, down by 0.53% from last week. Although corn inventory in NC port is less than 400,000 tons, and SC corn shipment is also limit, corn price in SC will not increase. The reasons are as follows: on the one hand, downstream demands are weak; on the other hand SC grain inventory is sufficient, including corn, sorghum, and barely. However, with the approaching of spring corn, BOABC predicted that corn market will keep weakness.
DDGS:On 26 August 2015 the average wholesale price of DDGS in main production areas is RMB1, 583 Yuan/T, down by 1.78% compared with last week. Based on custom data, in July China imported DDGS 1.107 million tons, up by 15.3% MOM, and 67.4% YOY, reaching a new month record; while the figure in Jan. – July totaled 3.55 million tons, down by 9.23% YOY. Domestic DDGS supply & demand is weak. Thus BOABC predicted that domestic DDGS market will still keep weakness.
From "China Livestock and Poultry Weekly Report"
DDGS:On 26 August 2015 the average wholesale price of DDGS in main production areas is RMB1, 583 Yuan/T, down by 1.78% compared with last week. Based on custom data, in July China imported DDGS 1.107 million tons, up by 15.3% MOM, and 67.4% YOY, reaching a new month record; while the figure in Jan. – July totaled 3.55 million tons, down by 9.23% YOY. Domestic DDGS supply & demand is weak. Thus BOABC predicted that domestic DDGS market will still keep weakness.
From "China Livestock and Poultry Weekly Report"
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