DDGS： On 24 December 2014 the average wholesale price of feed corn in main production areas is RMB2, 213 Yuan/T, increased by 0.17% compared with last week. On 12 December, Xianzhengda Company said that it is possible for China to allow Chinese enterprises to import their MIR162 GMO corn. This news benefits American DDGS exports to China, so that DDGS price realizes a jump run. The large import of DDGS will attack future domestic DDGS market or other protein meal market. (Table 2)


Soymeal： On 24 December 2014 the average wholesale price of soymeal in main production areas is RMB3, 385 Yuan/T, decreased by 0.64% compared with last week. Domestic spot soymeal price declines to 3200 Yuan/ ton in some places. In recent time, soymeal market is oversupply. BOABC predicted that soymeal price is impossible to rebound and will continue to decline. (Table 3)













From “China Livestock and Feed Market Weekly Report”