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    Home > Active Ingredient News > Feed Industry News > Mysteel interpretation: National feed production fell slightly in October What is the reason

    Mysteel interpretation: National feed production fell slightly in October What is the reason

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    ;

    According to statistics from the China Feed Industry Association, in October 2022, the national industrial feed output was 26.
    72 million tons, down 5.
    7% month-on-month and up 0.
    2%
    year-on-year.
    From January to October 2022, the cumulative output of industrial feed in the country totaled 242.
    52 million tons, a decrease of 1.
    07 million tons, or 0.
    4%,
    compared with last year.
    From June to September this year, the national feed production was steadily raised, but in October it fell slightly.
    This article will analyze
    it in detail.
    L6w-,

    L6w-,

    According to statistics from the China Feed Industry Association, in October 2022, the ex-factory price of main compound feed and concentrated feed products increased slightly month-on-month, such as the ex-factory price of compound feed for fattening pigs in October was 3.
    84 yuan/kg, an increase of 1.
    9% month-on-month and 10.
    7% year-on-year; The ex-factory price of fattening pig concentrated feed in October was 5.
    93 yuan/kg, an increase of 3.
    1% month-on-month and 12.
    5%
    year-on-year.
    The increase in feed prices was mainly due to the increase in the price of feed raw materials
    .
    Taking soybean meal (4144.
    -10.
    00.
    -0.
    24%) as an example, according to Mysteel statistics, the domestic soybean meal spot price continued to rise as a whole in October, and the mainstream ex-factory price of 43% protein soybean meal was 5260-5720 yuan / ton, up 220-420 yuan / ton
    from September.
    The sharp increase in soybean meal prices was mainly due to the insufficient arrival of domestic imported soybeans (5598.
    -22.
    00.
    -0.
    39%), resulting in a low operating rate of domestic oil mills, in addition, oil mill soybean and soybean meal stocks are at a historical low, the market sellable spot is small, and soybean meal as a just-needed ingredient in feed, the substitution is limited
    .
    L6w-,

    From the perspective of feed enterprise inventory, according to Mysteel's sample survey of 50 feed enterprises in major regions across the country, as of October 28, 2022, the number of soybean meal inventory days (physical inventory days) of domestic feed enterprises was 8.
    07 days, a decrease of 0.
    41 days, or 1.
    61%,
    from September 30.
    According to Mysteel's sample survey of 47 feed enterprises in major regions of the country, the number of days in stock of domestic feed enterprises corn (2823.
    -13.
    00.
    -0.
    46%) in October was 34.
    42 days, down 0.
    68 days, or 1.
    95%,
    from September.
    Domestic soybean meal and corn spot prices continued to rise, feed enterprises had higher procurement costs, poor procurement enthusiasm, and the number of inventory days in the factory was mainly
    reduced.
    L6w-,

    Table 1 Comparison of soybean meal inventory days of feed enterprises in various regions in China in OctoberL6w-,

    L6w-,

    Table 2 Comparison of corn inventory days of feed enterprises in China in OctoberL6w-,

    L6w-,

    From the perspective of breeding, taking pigs as an example, according to Mysteel statistics, the average price of pigs slaughtered in October was 26.
    68 yuan / kg, up 3.
    02 yuan / kg from the previous month, up 12.
    76% month-on-month, and up 106.
    18%
    year-on-year.
    In October, pig prices first rose and then fell, and the overall center of gravity moved up strongly, but fell back at the end of the month
    .
    In October, Mysteel's statistics slaughter operating rate was 20.
    77%, down 1.
    20 percentage points from the previous month and 6.
    20 percentage points from the same period last year
    .
    The beginning of the month coincided with the National Day holiday, market demand was better, the overall start rose, with the post-holiday, consumption inertia fell, and the new crown epidemic in many places recurred, consumption fell rapidly, slaughtering starts for three consecutive weeks were lowered, resulting in the overall start in October was not as good as September
    .
    L6w-,

    In general, the price of feed raw materials was adjusted all the way in the month, the number of days of raw materials available to feed enterprises decreased, while the pig price downstream of feed fell at the end of the month, and the overall start of slaughtering enterprises declined, so the corresponding feed production in October fell compared with the previous month, but the extent was limited
    .
    Entering the fourth quarter, feed raw materials such as soybean meal will gradually arrive in Hong Kong due to imported soybeans, the price center of gravity has been lowered, at the same time, winter pickled enema and other activities are gradually launched, downstream demand for pork increases, it is expected that the national feed production in November and December will continue to improve
    .
    L6w-,

    ;
    ;

    According to statistics from the China Feed Industry Association, in October 2022, the national industrial feed output was 26.
    72 million tons, down 5.
    7% month-on-month and up 0.
    2%
    year-on-year.
    From January to October 2022, the cumulative output of industrial feed in the country totaled 242.
    52 million tons, a decrease of 1.
    07 million tons, or 0.
    4%,
    compared with last year.
    From June to September this year, the national feed production was steadily raised, but in October it fell slightly.
    This article will analyze
    it in detail.
    L6w-,

    L6w-,

    According to statistics from the China Feed Industry Association, in October 2022, the ex-factory price of main compound feed and concentrated feed products increased slightly month-on-month, such as the ex-factory price of compound feed for fattening pigs in October was 3.
    84 yuan/kg, an increase of 1.
    9% month-on-month and 10.
    7% year-on-year; The ex-factory price of fattening pig concentrated feed in October was 5.
    93 yuan/kg, an increase of 3.
    1% month-on-month and 12.
    5%
    year-on-year.
    The increase in feed prices was mainly due to the increase in the price of feed raw materials
    .
    Taking soybean meal (4144.
    -10.
    00.
    -0.
    24%) as an example, according to Mysteel statistics, the domestic soybean meal spot price continued to rise as a whole in October, and the mainstream ex-factory price of 43% protein soybean meal was 5260-5720 yuan / ton, up 220-420 yuan / ton
    from September.
    The sharp increase in soybean meal prices was mainly due to the insufficient arrival of domestic imported soybeans (5598.
    -22.
    00.
    -0.
    39%), resulting in a low operating rate of domestic oil mills, in addition, oil mill soybean and soybean meal stocks are at a historical low, the market sellable spot is small, and soybean meal as a just-needed ingredient in feed, the substitution is limited
    .
    L6w-,

    In October 2022, the ex-factory prices of mainly compound feed and concentrated feed products increased slightly month-on-month, and feed prices were raised, mainly due to the increase in feed raw material prices
    .
    In October, the overall domestic soybean meal spot price continued to rise, and the mainstream ex-factory price of 43% protein soybean meal was 5260-5720 yuan / ton, up 220-420 yuan / ton
    from September.

    From the perspective of feed enterprise inventory, according to Mysteel's sample survey of 50 feed enterprises in major regions across the country, as of October 28, 2022, the number of soybean meal inventory days (physical inventory days) of domestic feed enterprises was 8.
    07 days, a decrease of 0.
    41 days, or 1.
    61%,
    from September 30.
    According to Mysteel's sample survey of 47 feed enterprises in major regions of the country, the number of days in stock of domestic feed enterprises corn (2823.
    -13.
    00.
    -0.
    46%) in October was 34.
    42 days, down 0.
    68 days, or 1.
    95%,
    from September.
    Domestic soybean meal and corn spot prices continued to rise, feed enterprises had higher procurement costs, poor procurement enthusiasm, and the number of inventory days in the factory was mainly
    reduced.
    L6w-,

    Table 1 Comparison of soybean meal inventory days of feed enterprises in various regions in China in OctoberL6w-,

    L6w-,

    Table 2 Comparison of corn inventory days of feed enterprises in China in OctoberL6w-,

    L6w-,

    From the perspective of breeding, taking pigs as an example, according to Mysteel statistics, the average price of pigs slaughtered in October was 26.
    68 yuan / kg, up 3.
    02 yuan / kg from the previous month, up 12.
    76% month-on-month, and up 106.
    18%
    year-on-year.
    In October, pig prices first rose and then fell, and the overall center of gravity moved up strongly, but fell back at the end of the month
    .
    In October, Mysteel's statistics slaughter operating rate was 20.
    77%, down 1.
    20 percentage points from the previous month and 6.
    20 percentage points from the same period last year
    .
    The beginning of the month coincided with the National Day holiday, market demand was better, the overall start rose, with the post-holiday, consumption inertia fell, and the new crown epidemic in many places recurred, consumption fell rapidly, slaughtering starts for three consecutive weeks were lowered, resulting in the overall start in October was not as good as September
    .
    L6w-,

    In general, the price of feed raw materials was adjusted all the way in the month, the number of days of raw materials available to feed enterprises decreased, while the pig price downstream of feed fell at the end of the month, and the overall start of slaughtering enterprises declined, so the corresponding feed production in October fell compared with the previous month, but the extent was limited
    .
    Entering the fourth quarter, feed raw materials such as soybean meal will gradually arrive in Hong Kong due to imported soybeans, the price center of gravity has been lowered, at the same time, winter pickled enema and other activities are gradually launched, downstream demand for pork increases, it is expected that the national feed production in November and December will continue to improve
    .
    L6w-,

    Entering the fourth quarter, feed raw materials such as soybean meal will gradually arrive in Hong Kong due to imported soybeans, the price center of gravity has been lowered, at the same time, winter pickled enema and other activities are gradually launched, downstream demand for pork increases, it is expected that the national feed production in November and December will continue to improve
    .
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