Grain and oil market arrangement makes domestic feed industry depressed
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Last Update: 2008-11-03
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Source: Internet
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Author: User
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Introduction: on November 25, the price of domestic edible soybean was stable At present, the domestic feed industry is in a depression After the prices of soybean meal and other bulk raw materials fall, the sales volume of feed has also decreased significantly in the near future The sales volume of feed in South China has declined by a large margin, reaching about 30% generally, followed by the sales volume of feed in East China and North China, mostly at 20-30% The enthusiasm of farmers and dealers in feed procurement is generally low Even after the feed price is reduced by 150-200 yuan / ton, the market turnover is still flat, and the domestic feed industry is facing a period of low demand Affected by this, recently, the price of grain and oil in most areas of China has declined to different degrees, especially in the North China market The price of livestock and poultry meat products has fallen by 0.5-1 yuan / kg compared with that in the middle and late October, the price of edible oil has generally fallen by 0.4-0.6 yuan / kg, and the price of eggs has fallen by 0.2-0.4 yuan / kg This situation is similar to that in October when the price of feed raw materials such as soybean meal soared continuously, driving the domestic market Grain and oil prices rose across the board Under the situation that the current bear market is becoming more and more serious, the wheat spot price is unlikely to rise sharply Although the wheat flour price in North China shows signs of local rebound recently, the author believes that this market is mainly the result of mutual exploration between the buyers and sellers of the market, which contains certain risks and does not represent the mainstream trend of the current market A2H
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