Soymeal： On 10 September 2014 the average wholesale price of DDGS in main production areas was RMB3, 602 Yuan/T, down 1.34% compared with last week. The weather in soybean output area in the mid west was well, but the CBOT soybean future price suffers pressure so that domestic soymeal price declined following CBOT. Although the imported soymeal was less and the feed consumption was in recovered stage, which all benefit domestic crushing enterprises, the loose condition of domestic soymeal market is hard to change. BOABC predicted that domestic spot soymeal price will decline. (Table 3)

Rapeseed meal： On 10 September 2014, the average wholesale price of rapeseed meal is RMB2595Yuan/T, down 2.44% compared with last week. Domestic rapeseed meal price was stable, and the transaction was less, so that the rapeseed oil crushing factory was in loss, and the downstream market of rapeseed meal and rapeseed oil was weak. The aquatic breeding begun decline and some oil factories even appear downtime phenomenon. It predicted that domestic rapeseed meal price exist decline room. (Table 5)









From “China Livestock and Feed Market Weekly Report”