Feed commodities such as soybean meal and vegetable meal buck the trend

the chain reaction thatatvfeed prices, which drive up the price of meat and poultry and eggs, and thus the CPI, looks set to repeat itselfatv
Although the commodity market as a whole is relatively depressed, but in the last two weeks, soybean meal, vegetable meal and other feed futures have been stubbornly higher, 10 trading days soybean meal rose more than 6%, vegetable meal also reached 5%Analysts believe that such a strong rise shows strong fundamentals, feed futures growth means that the aquaculture industry for feed demand improved, followed by a rebound in pork and poultry egg pricesatv
Domestic demand has slowly reboundedatvinternational soybean prices, represented by the Chicago Stock Exchange, have been out of the low range since early May, rising more than 10 percent in nearly a monthatv
Lu Wei, deputy director of the Guodu Futures Agricultural Products Research Center, said that on the one hand, from May onwards, the South American soybean market is slow, and the U.Ssoybean stocks are tight, while the new soybean seeding is delayed by the weather, international soybean prices rebounded sharply;atv
Because the domestic production of soybean meal raw materials are mainly American beans, so the rise in domestic soybean meal prices will become inevitableLu Believes that after the market funds will still speculate on the United States adverse weather, soybean planting delays and other topics, the current round of international soybean and soybean meal futures is expected to continue until the end of June, if the weather conditions or other themes appear, soybean prices may further extend the timeatv
In addition to the international soybean price rebound factors, the recent domestic demand for feed is also very obvious trendSome time ago, the market was too sensitive to the "H7N9 avian influenza" outbreak, when feed futures prices appeared a wave of rapid decline of panic, with the warm weather and the impact of the outbreak gradually fade, downstream pig, poultry and other industries consumption showed a clear reboundatv
At the same time, the second round of frozen pork storage during the year also provided impetus to the aquaculture industry, the improvement of breeding profits made the demand for feed increasingly strongFeed enterprises generally began to replenish inventory, leading to the recovery of demand for soybean meal and vegetable mealAnd China's Dragon Boat Festival consumption peak is approaching, promoting the feed downstream food prices higheratv
On April 7th the National Development and Reform Commission announced that frozen pork storage had been launched simultaneously in more than 20 provinces across the countryAfter two months of regulation, the decline in pig prices slowedOn May 22nd the state again launched the frozen pork storage plan, pig prices finally stopped the decline and rebounded slightly, pig farming industry also ended a three-month loss situationAt the end of May, the average price of good breed pigs broke through the 7 yuan / jin integer pass, while the price ratio of pig grain also returned to the break-even point of 6:1, farmers have a renewed enthusiasm to supplement the column, coupled with the early sow storage column higher, feed demand rebound edifle is relatively rapidatv
Oil enterprises "tough oil"atvDespite the production of oil and feed soybeans, rapeseed and other raw materials have risen, Heilongjiang Rifda Grease Co., LtdChairman Wang Ruiqing believes that the current fundamentals do not support the oil oil market, because summer is the oil consumption off-season, the temperature rise makes relatively low prices of palm oil because of cheap prices and occupy more market share, soybean oil, rapeseed oil prices will also be low atv
It is understood that with the price of soybean meal, the Northeast oil enterprises are expected to get rid of the pattern of huge losses that last edirate for two months, while the losses of pressed oil companies in other regions are also narrowing atv
Lu Said that the recent trend of crude oil prices in the international market is weak, the advantages of biodiesel alternative oil are no longer obvious, while the European Union launched anti-dumping investigation sharply against Argentine biodiesel, the global demand for the oil industry has been depressed, the stage of high inventory And China's domestic catering industry recent data show that its growth rate slowed down, the demand for edible oil then declined, coupled with the temperature rise after the replacement of palm oil, consumption of low-season characteristics, so most of the soybean oil, rapeseed oil enterprises stop production, the majority of mid-range traders still maintain a cautious attitude, a large number of purchase will not be strong On the contrary, the demand for soybean meal and vegetable meal, in the previous period of avian influenza feed industry worried about further price decline, the use of on-demand procurement model, the hands of very limited inventory, in the avian flu epidemic gradually subsided, oil companies re-price the background of the strong willingness to fill the bank, soybean meal, vegetable meal supply has been short, price increases are also reasonable atv
At the same time that the price of soybean meal has risen sharply, the same feed meal is not willing to show weakness In the last two weeks, the main contract price of vegetable meal futures has risen by nearly 200 yuan/tonne, and has driven the average spot price to rise above 2800 yuan/tonne atv
As for the reasons for the rise in vegetable meals, Li Xiaowei, a senior researcher at the German Futures Research Institute, believes that the market effect of the collection and storage policy cannot be ignored, this year the relevant departments promulgated the "Notice on the effective implementation of the 2013 national temporary storage rapeseed (oil) acquisition work", decided to collect a total of 5 million tons at the price of 2.55 yuan / kg, which makes the price of rapeseed more strong atv
According to the industry news, this year, the grain will be collected and storage enterprises on behalf of the sale of vegetable meal guide price set at 2700 yuan / ton above The new financial reporter found that the price is actually much higher than the 2012 guide price of 2200 yuan / ton atv
Li Xiaowei told the new financial reporter, the market had expected the price of up to 2400 yuan / ton, the actual storage price is higher than expected not only reflects the will and determination of the parties concerned to support the meal, but also reflects the tight supply Unlike the soybean, soybean oil and soybean meal industry chain, the pricing power of domestic vegetable meal is mainly concentrated in the hands of several large enterprises, and the establishment of the storage policy and the establishment of a higher guide price has brought spot trading into a strong seller's market atv
Downstream, due to the lack of price discourse and increased demand for seasonal aquaculture, the price of vegetable meal sings will not encounter much resistance Although the impact of the avian flu epidemic gradually subsided, but the consumer's favor of aquatic products has not decreased, fish prices by the impact of avian influenza rose did not appear to fall back, the end of the strong demand to the vegetable market, will boost the price of dross higher atv
Regarding the impact of the overall rise in feed futures, Li Xiaowei believes that the price of soybean meal and vegetable meal will soon be transmitted to farm costs after the strengthening, while demand for meat, poultry and eggs will pick up, affected by this, cpi growth rate is expected in the next few months or will pick up slightly the chain reaction that atv atv feed prices, which drive up the price of meat, poultry and eggs, and thus the CPI, looks set to repeat itself atv
Although the commodity market as a whole is relatively depressed, but in the last two weeks, soybean meal, vegetable meal and other feed futures have been stubbornly higher, 10 trading days soybean meal rose more than 6%, vegetable meal also reached 5% Analysts believe that such a strong rise shows strong fundamentals, feed futures growth means that the aquaculture industry for feed demand improved, followed by a rebound in pork and poultry egg prices atv
Domestic demand has slowly rebounded atv international soybean prices, represented by the Chicago Stock Exchange, have been out of the low range since early May, rising more than 10 percent in nearly a month atv
Lu Wei, deputy director of the Guodu Futures Agricultural Products Research Center, said that on the one hand, from May onwards, the South American soybean market is slow, and the U.S soybean stocks are tight, while the new soybean seeding is delayed by the weather, international soybean prices rebounded sharply; atv
Because the domestic production of soybean meal raw materials are mainly American beans, so the rise in domestic soybean meal prices will become inevitable Lu Believes that after the market funds will still speculate on the United States adverse weather, soybean planting delays and other topics, the current round of international soybean and soybean meal futures is expected to continue until the end of June, if the weather conditions or other themes appear, soybean prices may further extend the time atv
In addition to the international soybean price rebound factors, the recent domestic demand for feed is also very obvious trend Some time ago, the market was too sensitive to the "H7N9 avian influenza" outbreak, when feed futures prices appeared a wave of rapid decline of panic, with the warm weather and the impact of the outbreak gradually fade, downstream pig, poultry and other industries consumption showed a clear rebound atv
At the same time, the second round of frozen pork storage during the year also provided impetus to the aquaculture industry, the improvement of breeding profits made the demand for feed increasingly strong Feed enterprises generally began to replenish inventory, leading to the recovery of demand for soybean meal and vegetable meal And China's Dragon Boat Festival consumption peak is approaching, promoting the feed downstream food prices higher atv
On April 7th the National Development and Reform Commission announced that frozen pork storage had been launched simultaneously in more than 20 provinces across the country After two months of regulation, the decline in pig prices slowed On May 22nd the state again launched the frozen pork storage plan, pig prices finally stopped the decline and rebounded slightly, pig farming industry also ended a three-month loss situation At the end of May, the average price of good breed pigs broke through the 7 yuan / jin integer pass, while the price ratio of pig grain also returned to the break-even point of 6:1, farmers have a renewed enthusiasm to supplement the column, coupled with the early sow storage column higher, feed demand rebound edifle is relatively rapid atv
Oil enterprises "tough oil" atv Despite the production of oil and feed soybeans, rapeseed and other raw materials have risen, Heilongjiang Rifda Grease Co., Ltd Chairman Wang Ruiqing believes that the current fundamentals do not support the oil oil market, because summer is the oil consumption off-season, the temperature rise makes relatively low prices of palm oil because of cheap prices and occupy more market share, soybean oil, rapeseed oil prices will also be low atv
It is understood that with the price of soybean meal, the Northeast oil enterprises are expected to get rid of the pattern of huge losses that last edirate for two months, while the losses of pressed oil companies in other regions are also narrowing atv
Lu Said that the recent trend of crude oil prices in the international market is weak, the advantages of biodiesel alternative oil are no longer obvious, while the European Union launched anti-dumping investigation sharply against Argentine biodiesel, the global demand for the oil industry has been depressed, the stage of high inventory And China's domestic catering industry recent data show that its growth rate slowed down, the demand for edible oil then declined, coupled with the temperature rise after the replacement of palm oil, consumption of low-season characteristics, so most of the soybean oil, rapeseed oil enterprises stop production, the majority of mid-range traders still maintain a cautious attitude, a large number of purchase will not be strong On the contrary, the demand for soybean meal and vegetable meal, in the previous period of avian influenza feed industry worried about further price decline, the use of on-demand procurement model, the hands of very limited inventory, in the avian flu epidemic gradually subsided, oil companies re-price the background of the strong willingness to fill the bank, soybean meal, vegetable meal supply has been short, price increases are also reasonable atv
At the same time that the price of soybean meal has risen sharply, the same feed meal is not willing to show weakness In the last two weeks, the main contract price of vegetable meal futures has risen by nearly 200 yuan/tonne, and has driven the average spot price to rise above 2800 yuan/tonne atv
As for the reasons for the rise in vegetable meals, Li Xiaowei, a senior researcher at the German Futures Research Institute, believes that the market effect of the collection and storage policy cannot be ignored, this year the relevant departments promulgated the "Notice on the effective implementation of the 2013 national temporary storage rapeseed (oil) acquisition work", decided to collect a total of 5 million tons at the price of 2.55 yuan / kg, which makes the price of rapeseed more strong atv
According to the industry news, this year, the grain will be collected and storage enterprises on behalf of the sale of vegetable meal guide price set at 2700 yuan / ton above The new financial reporter found that the price is actually much higher than the 2012 guide price of 2200 yuan / ton atv
Li Xiaowei told the new financial reporter, the market had expected the price of up to 2400 yuan / ton, the actual storage price is higher than expected not only reflects the will and determination of the parties concerned to support the meal, but also reflects the tight supply Unlike the soybean, soybean oil and soybean meal industry chain, the pricing power of domestic vegetable meal is mainly concentrated in the hands of several large enterprises, and the establishment of the storage policy and the establishment of a higher guide price has brought spot trading into a strong seller's market atv
Downstream, due to the lack of price discourse and increased demand for seasonal aquaculture, the price of vegetable meal sings will not encounter much resistance Although the impact of the avian flu epidemic gradually subsided, but the consumer's favor of aquatic products has not decreased, fish prices by the impact of avian influenza rose did not appear to fall back, the end of the strong demand to the vegetable market, will boost the price of dross higher atv
Regarding the impact of the overall rise in feed futures, Li Xiaowei believes that the price of soybean meal and vegetable meal will soon be transmitted to farm costs after the strengthening, while demand for meat, poultry and eggs will pick up, affected by this, cpi growth rate is expected in the next few months or will pick up slightly atv