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Home > News > Valuable News > Feed price rises, many feed giants announce price increases

Feed price rises, many feed giants announce price increases

ECHEMI 2021-01-15

Recently, there are many factors that have boosted the price of feed ingredients such as soybean meal and corn, one after another, such as high costs, obvious epidemic control in some areas, poor logistics and transportation, and the task of processing companies to build warehouses before the Spring Festival. As a result, soybean meal soared by 590 yuan, and the price of corn in Northeast China was equal to that in North China. Feed companies adjusted prices one after another...

 

Soybean meal soared 590 yuan after fine-tuning

 

According to statistics from Huitong, the soybean meal spot has risen sharply for seven consecutive days, with a cumulative increase of nearly 600 yuan, which was slightly adjusted yesterday. The reason for the recent rise in soybean meal is that the US soybean futures price has soared and exceeded the 1,400 cent mark, the domestic soybean meal has soared, and the short-term test of the 3,800 yuan mark, the spot market is so strong in internal and external markets, and the epidemic concerns. Due to factors such as centralized terminal stocking, oil plants continued to increase frantically. Soybean meal rose to 4,000 yuan-4350 yuan, and the coastal mainstream rose to 3950-4050 yuan.

 

However, the electronic disk and even the disk have been adjusted within a narrow range. After the soybean meal spot has continued to soar, the spot will also be adjusted appropriately yesterday, with a range of about 50 yuan. However, with the support of multiple bullish factors at home and abroad, even after the rally is too frantic, it is difficult to take a big deal. Therefore, the short-term futures spot is still the main tone.

 

 

"Green Channel" is difficult to solve Shijiazhuang corn out of stock

 

The supply of corn in Shijiazhuang was basically interrupted due to reasons such as the isolation of return trips involved in the transportation of vehicles, despite the introduction of a number of policies. Regarding the question of whether the outage of corn will affect the outage of poultry and livestock, a person in the breeding industry believes: "Most farmers will reserve feed for as short as half a month and as long as two or three months. No food."

 

 

Corn in Northeast China rose by 200 yuan!

 

After the New Year's Day, the corn market continued to rise sharply. As of yesterday, the average corn price rose by as much as 300 CNY/ton from the end of December. Although the price in Shandong has been corrected after breaking through 3000 yuan before, it is still at 2900 CNY/ton. This price is still at a high level. After all, the highest price in 2014 was only 2800 CNY/ton.

 

In the Northeast region, the directly affiliated library started the acquisition again after a few months and directly tied the North China region. I have to say that the market is too crazy. The Siping directly affiliated library has also started the acquisition, with an offer price of 1.45 yuan per catty, showing how hot the market is.

 

The quotations of directly affiliated warehouses have risen, and other companies have also risen. Daqing Yipin has risen by 40 yuan, and the quotation is 2,700 CNY/ton; Cargill Biochemical has risen by 200 yuan, and the quotation is 2,800 CNY/ton, and Tongliao Meihua has risen by 90. The price is 2,800 yuan per ton. It can be said that there are too many companies that offer more than 2800 yuan.

 

 

Feed prices have risen round after round

 

Regarding the increase in corn prices, in addition to the transportation and demand side factors that we have mentioned the most, the overall increase in the demand for pigs is also one of the key factors. The demand for maize from pig raising has increased, and feed prices have risen 11 rounds from last year to now. In January 2021 alone, feed prices have been raised three times, which has pushed up corn again, and feed companies are still under pressure and have to once again Price increase.

 

Recently, many feed companies have announced price increases. Feed companies such as New Hope, Zhengda, Haida, Tongwei, Teqi, and Anyou have announced price increases one after another, involving pig feed, poultry feed, fish feed and other varieties. Up to 50-300 CNY/ton. Feed set off the first round of price increases in the beginning of the year, which is closely related to the increase in raw material prices.

 

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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