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Prices of Feed Ingredients

China Agriculture Report By CnAgri2014-06-03 10:22:14China Agriculture Report Print
Keywords:Corn price
CornOn May 28th, 2014, the average wholesale price of feed corn in main production areas was RMB2, 438Yuan/MT, up 0.69% compared with last week. This week the corn price in south port and north port saw an obvious improvement, among that, the collection amount in NC port had a decline trend. The tense supply of corn pushed the increase of price, while in SC the traders were reluctant to sell because of the slack up of port subsidy. This condition that the selling price was lower than purchasing price will remain in NC and SC port. The new wheat harvest was around the corner in NC, and the harvest expectation was obvious. If the wheat price rationally recover, part of the utilization of wheat feed will increase, which will also release the supply pressure of corn market. BOABC thinks the domestic corn market will keep strong. (Table 1)
 
















From “China Livestock and Feed Market Weekly Report”





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