The competitiveness of feed grain to meal price in Europe
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Last Update: 2001-12-27
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Source: Internet
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Author: User
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Introduction: oil world news: in July this year, another reduction in the price of feed grain intervention by the European Union increased the competitiveness of grain prices The share of grain in feed consumption is gradually expanding In Germany, the share of grain in total feed consumption has increased from 37.7% a year ago to 40.9% (July / September 2001) This trend is expected to continue in the last quarter of this year, limiting the use of other feedstuffs Soybean meal and other oil meal have benefited from the EU's ban on the use of meat and bone meal in animal feed since this year However, the price competition from feed grains makes it difficult for oil meal to completely replace the blank left by fish meal and meat meal The feed market share of oil meal in Germany only increased by 1.4% to 26.0% compared with last year (July / September 2001) Another important factor affecting the price competitiveness of meal is the weakness of the euro dollar price Most of the feed grains are produced in Europe, while the soybean meal, which is the most important in the oil meal, is imported in US dollars Not only in the European Union, but also in central and Eastern Europe, the competitiveness of grain is also increasing, which is due to the region's abundant harvest this year (author:) share to feed Weibo share to:
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