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Prices of Feed Ingredients

China Agriculture Report By CnAgri2015-01-27 09:45:57China Agriculture Report Print
Soymeal: On 21 January 2015 the average wholesale price of soymeal in main production areas is RMB3, 146 Yuan/T, decreased by 3.24% compared with last week. This week spot soymeal price dropped off largely. 43% protein meal price in some coastal areas has declined below 3000 Yuan/ton. What’s more mainly influenced by continue falling down of America future price, recently, CBOT price will increase, but from middle – long term run, the soybean has had a good harvest in the whole world with sufficient supply. It predicted that domestic spot soymeal market will fluctuate weakly. (Table 3)

Cottonseed meal On 21 January 2015, the average wholesale price of cottonseed meal is RMB2, 397Yuan/T, decreased by 1.01% from last week. Influenced by price falling down of soymeal price, cottonseed price declines either. However, oil factory supports price, which restrains cottonseed meal’s decline range. It predicted that domestic cottonseed meal market will keep slack. (Table 4)









From “China Livestock and Feed Market Weekly Report”
 
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