Feed again to meet the tide of price increases? Corn hit a six-year high, soybean meal rose 130 yuan.

On September 12, 2020, Guangdong Maoming Feed Industry Association issued a notice: It is understood that the price increase and corn, soybean meal and other raw materials continue to be high.
Domestic corn counter-trend broke through the 2300 yuan / ton mark, just a few trading days, the price of corn in the in-market again exceeded 2400 yuan / ton, closing at 2398 yuan / ton, the current price again hit the highest level since 2014.
the beginning of the year, corn prices from 1800 yuan / ton to the present price, the price has increased by more than 30%.
, many years of low running corn prices frequently refresh high, and has broken through the six-year high.
futures prices hit a six-year high, the weekly increase of 102 yuan / ton this year, corn spot has continued to rise.
market is booming.
statistics show that from April to August this year, the spot price of corn continued to rise, rising by 200-400 yuan / ton.
futures prices from the beginning of this year, all the way up, from around 1900 yuan to more than 2300 yuan / ton.
the end of May, the weekly national stock of corn auction is a hot, the first 13 auctions are 100% sold, and there is a substantial premium, up to 370 yuan / ton.
, despite the subsequent decline in auction turnover, remains high, with the average annual auction rate for corn storage in the last five years falling to less than 60 per cent.
corn production has sparked enthusiasm in the market.
this time is the key period of corn crop production formation, thought that this year's corn growth is better, harvest in sight, but typhoons frequent the northeast, corn before the market experienced a disaster.
preliminary estimate of the Heilongjiang, Jilin crops affected by the serious situation, typhoon caused corn, rice, soybeans and other crops to collapse to varying degrees, corn is the most affected varieties.
, corn futures prices have hit a six-year high, just 100 yuan a tonne short of their all-time highs.
the price of corn go? This week, Dalian corn continued to increase positions up, as of the close, corn rose nearly 2%, the main 2101 contract closed at 2398 yuan / ton, the weekly increase of 102 yuan / ton.
Reportedly, yesterday, the State Food and Material Reserve Bureau, director of the Food Reserve Department Qin Yuyun said that from the price point of view, the current mid-to-late indica, indica purchase price slightly higher than the minimum purchase price level, is expected to fall after the listing of new grain, some provinces to start the acquisition of the market is more likely;
china National Union futures analysts said that the recent Northeast production area by the "Mesak" typhoon and other effects of the new season corn collapse phenomenon, local production cuts have become a certainty.
but the specific reduction in production is inseabated.
Early in the year, the "food crisis" issue made the market to maintain a high degree of vigilance, coupled with corn stocks bottom, supply and demand gap, I believe that many financial capital also joined the long-term team, which also makes corn forward contract prices rise.
domestic soybean meal soared 130 yuan / ton september 15, the domestic soybean meal prices soared, oil plants and traders around the spot price of soybean meal from Friday rose 70-130 yuan / ton.
mainly due to last week's U.S. Agricultural Report, the main U.S. soybean contract neared the 1,000-cent mark, the highest since the U.S.-China trade war.
affected by this, the domestic soybean meal period of the current market bureau showed a sharp upward trend.
U.S. soybean contract neared the 1,000-cent mark in November, its highest level since the U.S.-China trade war, as the U.S. Department of Agriculture slashed U.S. soybean supplies.
Domestic soybean meal period prices are soaring across the scale, statistics of today's spot prices of soybean meal around: Shandong, Jiangsu, Fujian, Two Wide and other coastal port areas soybean meal mainstream price rose to 3040-3150 yuan / ton near; Nearby; Hebei, Tianjin area soybean meal price rose to 3140-3200 yuan / ton, central China soybean meal price range rose to 3120-3220 yuan / ton near, southwest, northwest soybean meal price range rose to 3250-3350 yuan / ton near.
According to the Futures Daily, the price of soybean meal rose recently, with the soybean meal 2010 contract increasing by 158,000 lots to 1.552 million lots on Friday, with Yong'an futures adding a net gain of 247,000 lots and Guo investment Anxin and COFCO futures increasing their net shorts by 121,000 lots.
friday night, soybean meal 2101 contract continued to increase its position by 224,000 lots to 1.574 million lots, the contract capital accumulation reached a record high for the same period, the position increased by nearly 300,000 lots compared to the same period last year's 1901 contract.
" this round of soybean meal is mainly due to the increase in the purchase of U.S. beans.
according to the U.S. soybean export sales report line, as of the end of August, U.S. soybean sales in 2020/2021 reached a near 10-year high, up 2.6 times year-on-year and up 30 percent from the second-highest level in 2014/2015, Xie Wei, an agricultural analyst at China University Futures, told the Futures Daily.
compared to low purchases in 2019, U.S. soybean sales to China showed significant growth in 2020/2021, especially since August, when China's soybean purchases increased intensively, up 2.29 percent from their 2013/2014 secondary highs.
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