echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > Soybean imports fell by 40% in October, soybean meal fell 450 yuan/ton, cotton meal fell 350 yuan/ton, Henan Feed

    Soybean imports fell by 40% in October, soybean meal fell 450 yuan/ton, cotton meal fell 350 yuan/ton, Henan Feed

    • Last Update: 2021-11-13
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

       Soybean imports fell to the lowest level in 7 monthsTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

      On November 7, the data released by the General Administration of Customs showed that China's grain imports in October were 9.
    684 million tons, and imports from January to October were 137.
    956 million tons, an increase of 23% year-on-year, accounting for nearly 20% of China's total grain output

    .
    It is expected to exceed the total grain imports in 2020 of 1426.
    621 million tons

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      As the world’s largest buyer of soybeans, low crush profits have curbed demand and Hurricane Ida restricted US soybean exports.
    In October, China’s soybean imports amounted to 5.
    11 million tons, a decrease of 41.
    2% from 8.
    69 million tons in the same period last year.
    The lowest level since March 2020, and also lower than the 6.
    88 million tons imported in September, down 25.
    7%

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Soybean meal prices fell 458 yuan/ton, a four-month lowTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Recently, domestic soybean meal continued its decline after the National Day, and the decline was relatively rapid.
    According to statistics from China Feed Industry Information Network Huitong, as of November 4, the average spot transaction price of 43% protein soybean meal in domestic mainstream oil plants was 3435 yuan/ton.
    There was a continuous decline, and the single-day decline was not small, falling below the four-month low

    .
    Compared with the high point before the National Day, it fell by 458 yuan/ton, a drop of 11.
    77%

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      One reason for the decline in soybean meal is that global supply is loose.
    The U.
    S.
    Department of Agriculture in the October supply and demand report raised the global soybean production for the year of 2021/22 to a record 385 million tons

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Secondly, the continuous losses of the pig breeding industry in China, the country that is the largest demand for soybean meal, also has a certain impact on the demand for soybean meal
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Third, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council recently issued the "Food Conservation Action Plan", which pointed out that it is necessary to strengthen the replacement of feed grain reduction and further restrain the price of soybean meal
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Cotton rapeseed meal prices continue to fall following soybean mealTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

      As the price of soybean meal has fallen sharply along the way, rapeseed meal has followed the soybean meal out of a wave of decline
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      In addition, with the increase in the operating rate of cotton oil mills, the supply of cotton meal in the new season has gradually increased, which has weakened the advantage of the previous futures.
    In addition, the price-performance disadvantage of high-priced cotton meal is obvious.
    Light, affected by the increase in supply and the low demand for new purchases, the price of cotton meal has plummeted by 200-500 yuan in recent days, and the national average price of 46% protein cotton meal has dropped from 3,650 yuan/ton before the National Day to 3,300 yuan/ton.
    Below

    .
    Although the inventory of rapeseed meal has been maintained at a low level, with the end of the peak aquaculture season, the demand is weaker and the price is weak.
    Compared with the pre-National Day holiday, the price of rapeseed meal has fallen by 100-200 yuan/ton to around 2800-2900 yuan/ton

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Global food prices rise to 10-year highsTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

      The latest monthly report issued by the Food and Agriculture Organization of the United Nations on November 4 pointed out that the global food price index has risen for three consecutive months and reached the highest level since July 2011 in October.
    The average food price index for the month was 133.
    2 points, a month-on-month comparison.
    An increase of 3.
    0% and a year-on-year increase of 31.
    3%

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Among them, the global wheat, corn and rice prices have strengthened.
    The cereal price index averaged 137.
    1 points in October, up 3.
    2% month-on-month and 22.
    4% year-on-year

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Wheat: World wheat prices have risen for the fifth consecutive month.
    In October, prices have climbed to their highest point since November 2012

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Coarse grains: World corn prices strengthened in October supported by the rise in the energy market, and international barley prices ranked first
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Rice: International rice prices continued to rise slightly in October
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Henan Feed Industry Association: The full price is expected to rise by 75 yuan/ton, and the education and insurance feed is 100 yuan/tonTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      On October 31st, a wave of feed companies in Shandong such as Juxian Hemei, Zhonghui Lunan Settlement, Shandong Xiniu, Linyi Xingbang, Junan Haiding, New Hope Liuhe Lunan Area, Feixian Jiurui Feed, etc.
    At the same time, the price increase is announced, the rate is basically that the full price is expected to rise by 50 yuan/ton, and the education and insurance is expected to rise by 100 yuan/ton

    .
    Entering the beginning of November this time, this wave of feed price increases may be related to the price increase of corn and other grains and additives and other raw materials, as well as the impact of the epidemic on transportation!
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

       Soybean imports fell to the lowest level in 7 monthsTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

     Soybean imports fell to the lowest level in 7 months

      On November 7, the data released by the General Administration of Customs showed that China's grain imports in October were 9.
    684 million tons, and imports from January to October were 137.
    956 million tons, an increase of 23% year-on-year, accounting for nearly 20% of China's total grain output

    .
    It is expected to exceed the total grain imports in 2020 of 1426.
    621 million tons

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      As the world’s largest buyer of soybeans, low crush profits have curbed demand and Hurricane Ida restricted US soybean exports.
    In October, China’s soybean imports amounted to 5.
    11 million tons, a decrease of 41.
    2% from 8.
    69 million tons in the same period last year.
    The lowest level since March 2020, and also lower than the 6.
    88 million tons imported in September, down 25.
    7%

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Soybean meal prices fell 458 yuan/ton, a four-month lowTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

    Soybean meal prices fell 458 yuan/ton, a four-month low

      Recently, domestic soybean meal continued its decline after the National Day, and the decline was relatively rapid.
    According to statistics from China Feed Industry Information Network Huitong, as of November 4, the average spot transaction price of 43% protein soybean meal in domestic mainstream oil plants was 3435 yuan/ton.
    There was a continuous decline, and the single-day decline was not small, falling below the four-month low

    .
    Compared with the high point before the National Day, it fell by 458 yuan/ton, a drop of 11.
    77%

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      One reason for the decline in soybean meal is that global supply is loose.
    The U.
    S.
    Department of Agriculture in the October supply and demand report raised the global soybean production for the year of 2021/22 to a record 385 million tons

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Secondly, the continuous losses of the pig breeding industry in China, the country that is the largest demand for soybean meal, also has a certain impact on the demand for soybean meal
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Third, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council recently issued the "Food Conservation Action Plan", which pointed out that it is necessary to strengthen the replacement of feed grain reduction and further restrain the price of soybean meal
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Cotton rapeseed meal prices continue to fall following soybean mealTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Cotton rapeseed meal prices continue to fall following soybean meal

      As the price of soybean meal has fallen sharply along the way, rapeseed meal has followed the soybean meal out of a wave of decline
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      In addition, with the increase in the operating rate of cotton oil mills, the supply of cotton meal in the new season has gradually increased, which has weakened the advantage of the previous futures.
    In addition, the price-performance disadvantage of high-priced cotton meal is obvious.
    Light, affected by the increase in supply and the low demand for new purchases, the price of cotton meal has plummeted by 200-500 yuan in recent days, and the national average price of 46% protein cotton meal has dropped from 3,650 yuan/ton before the National Day to 3,300 yuan/ton.
    Below

    .
    Although the inventory of rapeseed meal has been maintained at a low level, with the end of the peak aquaculture season, the demand is weaker and the price is weak.
    Compared with the pre-National Day holiday, the price of rapeseed meal has fallen by 100-200 yuan/ton to around 2800-2900 yuan/ton

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Global food prices rise to 10-year highsTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

     Global food prices rise to 10-year highs

      The latest monthly report issued by the Food and Agriculture Organization of the United Nations on November 4 pointed out that the global food price index has risen for three consecutive months and reached the highest level since July 2011 in October.
    The average food price index for the month was 133.
    2 points, a month-on-month comparison.
    An increase of 3.
    0% and a year-on-year increase of 31.
    3%

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Among them, the global wheat, corn and rice prices have strengthened.
    The cereal price index averaged 137.
    1 points in October, up 3.
    2% month-on-month and 22.
    4% year-on-year

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Wheat: World wheat prices have risen for the fifth consecutive month.
    In October, prices have climbed to their highest point since November 2012

    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Coarse grains: World corn prices strengthened in October supported by the rise in the energy market, and international barley prices ranked first
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Rice: International rice prices continued to rise slightly in October
    .
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      Henan Feed Industry Association: The full price is expected to rise by 75 yuan/ton, and the education and insurance feed is 100 yuan/tonTtv China Feed Industry Information Network-Based on feed, serving animal husbandry

     Henan Feed Industry Association: The full price is expected to rise by 75 yuan/ton, and the education and insurance feed is 100 yuan/ton

    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

      On October 31st, a wave of feed companies in Shandong such as Juxian Hemei, Zhonghui Lunan Settlement, Shandong Xiniu, Linyi Xingbang, Junan Haiding, New Hope Liuhe Lunan Area, Feixian Jiurui Feed, etc.
    At the same time, the price increase is announced, the rate is basically that the full price is expected to rise by 50 yuan/ton, and the education and insurance is expected to rise by 100 yuan/ton

    .
    Entering the beginning of November this time, this wave of feed price increases may be related to the price increase of corn and other grains and additives and other raw materials, as well as the impact of the epidemic on transportation!
    Ttv China Feed Industry Information Network-Based on feed, serving animal husbandry

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.