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Prices of Feed Ingredients

China Agriculture Report By CnAgri2014-08-21 09:25:01China Agriculture Report Print
Corn:On 20 August 2014 the average wholesale price of feed corn in main production areas was RMB2, 674 Yuan/T, up 0.79% compared with last week. Due to the tense supply, the corn price in NC continued increase. On 21 August, the state will put 230,000 tons and 210,000 tons reserving corns in Shandong, and Hebei. The new corns’ list time is approaching, and the late risk cannot be ignored, while from the short- term, the over demand of quality corn will continue. BOABC predicted that the domestic corn will keep strong. (Figure 2)

DDGS:On 20 August 2014 the average wholesale price of DDGS in main production areas was RMB2, 361 Yuan/T, down 1.1% compared with last week. The intensify inspection of GMO in China making the imported DDGS price and American DDGS price become weak. Feed enterprises are too caution to purchase and even decrease the using volume, while corn keep strong, which was favorable for cost support. BOABC predicted that domestic DDGS market will keep weak stability. (Figure 3)












From “China Livestock and Feed Market Weekly Report”
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