Post by account_disabled on Dec 24, 2023 2:37:18 GMT -6
week of 26-30 October 2020. Corn: Price increases This week, the buying and selling price of animal feed corn at the animal feed factory silo. Increased from 531 baht per bag to 543 baht per bag due to the production of corn, animal feed. Damage from rain On the Chicago futures market on October 28, 2020, animal feed corn For December delivery, the price was 401.5 cents/bushel. The price dropped slightly. by the United States Department of Agriculture Report corn orders to in Korea, amounting to 207,000 tons. It is reported that the progress of the corn harvest for the 2020/21 season is at 72%, an increase from last week which was 60%. In terms of weather conditions surrounding Midwest in the south, there is increased rainfall. climb But it is expected that next week it will decrease again, while in South American countries There will be better rain until next week. Helps accelerate the cultivation of corn.
However, the dryness The situation in Argentina is still a concern. Trend : Domestic Job Function Email Database corn prices are expected to remain strong. Soybeans: Price increases Soybean meal from imported soybean seeds, the price increased from 16.35 baht per kilogram to 16.50 baht per kilogram. The price increased. Due to the amount of demand Prices in the market continue to rise, especially from China. Including other countries Besides in Asia Meanwhile, weather conditions in producing countries, both the United States and Brazil, have improved. But the buying country still has differences. Concerned from the expectation that production will decrease. This causes a continuous rush to buy and make stocks, resulting in the price being firm. Chicago Futures Market, October 28, 2020, soybean seeds For delivery in November, the price is 1,057.25 cents/bushel and soybean meal.
For December delivery, the price was at 376.7 USD/short ton this week, despite US soybean demand. from China will slow down But orders are reported for 110,000 tonnes going to Egypt and 120,000 tonnes going to other countries. The progress of the harvest The report is 83%, 10% higher than the five-year average, and increased rainfall in Brazil is expected to help replenish soil water. and help accelerate the cultivation of soybeans in the 2020/21 season. Trend: It is expected that the price of imported soybeans will remain strong. Fishmeal: Prices have increased. This week, the situation of domestic fishmeal prices increased by 1 baht for every number, while trading prices in the Chinese market. It continues to move up. This is because the amount of production in the country is expected to decrease due to weather conditions. As for purchasing at the pier, there is still a lot. from the amount of Peruvian fish meal that continues to come in by shrimp grade fishmeal The price increased from 46.00 baht per kilogram to 47.00 baht per kilogram.
However, the dryness The situation in Argentina is still a concern. Trend : Domestic Job Function Email Database corn prices are expected to remain strong. Soybeans: Price increases Soybean meal from imported soybean seeds, the price increased from 16.35 baht per kilogram to 16.50 baht per kilogram. The price increased. Due to the amount of demand Prices in the market continue to rise, especially from China. Including other countries Besides in Asia Meanwhile, weather conditions in producing countries, both the United States and Brazil, have improved. But the buying country still has differences. Concerned from the expectation that production will decrease. This causes a continuous rush to buy and make stocks, resulting in the price being firm. Chicago Futures Market, October 28, 2020, soybean seeds For delivery in November, the price is 1,057.25 cents/bushel and soybean meal.
For December delivery, the price was at 376.7 USD/short ton this week, despite US soybean demand. from China will slow down But orders are reported for 110,000 tonnes going to Egypt and 120,000 tonnes going to other countries. The progress of the harvest The report is 83%, 10% higher than the five-year average, and increased rainfall in Brazil is expected to help replenish soil water. and help accelerate the cultivation of soybeans in the 2020/21 season. Trend: It is expected that the price of imported soybeans will remain strong. Fishmeal: Prices have increased. This week, the situation of domestic fishmeal prices increased by 1 baht for every number, while trading prices in the Chinese market. It continues to move up. This is because the amount of production in the country is expected to decrease due to weather conditions. As for purchasing at the pier, there is still a lot. from the amount of Peruvian fish meal that continues to come in by shrimp grade fishmeal The price increased from 46.00 baht per kilogram to 47.00 baht per kilogram.