Animal Feed Ingredient Market Information In China On May 26, 2021
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Feed Ingredient Price List on May 26, 2021 | ||||
Variety | Today AVG. Price(RMB) | Yesterday AVG. Price(RMB) | Growth | Unit |
Corn/Maize | 2881.03 | 2880.76 | +0.27 | RMB/MT |
Soybean Meal | 3430-3580 | 3460-3600 | -20-30 | RMB/MT |
Rapeseed Meal | 2920.00 | 2920.00 | +0.00 | RMB/MT |
Cotton Seed Meal | 3070.00 | 3070.00 | +0.00 | RMB/MT |
DDGS | 2523.85 | 2523.80 | +0.05 | RMB/MT |
Peruvian Steam Dried Fish Meal | 11400-11500 | 11400-11500 | +0.00 | RMB/MT |
Data Source: China Feedtrade Net Exchange Rate: 100USD=640.99RMB | ||||
Market Comments and Concern
Soybean Meal
The future soybean price at CBOT was closed lower for the relieved concern on global tight supply because of the stable rainfall in central and west America, as well as the collapsed corn price. In China with the constant increasing inventory and shortage in hype theme on US soybean, soybean meal price hopefully will keep dropping.
Source: China Feedtrade Net
