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    Home > Active Ingredient News > Feed Industry News > The Ministry of Agriculture released the price trends of the world's major agricultural products in December 2002

    The Ministry of Agriculture released the price trends of the world's major agricultural products in December 2002

    • Last Update: 2003-01-14
    • Source: Internet
    • Author: User
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    Introduction: according to the monitoring results, in December 2002, most of the prices of agricultural products in the international market fluctuated at higher prices, and the prices of grain varieties fell Among the main grain varieties in the international market, the prices of soybean, wheat and corn fell while the prices of rice rose; among the edible vegetable oil varieties, the prices of soybean oil, rapeseed oil, peanut oil and palm oil all continued to rise; the prices of cotton continued to rise; the prices of sugar rose this month; the prices of pork and beef continued to rise The details are as follows (calculated according to the exchange rate of RMB 828.96:100, GBP 1309.32:100 and euro 839.18:100): among the main grain varieties in the international market, the prices of soybean, wheat and corn fall, while the prices of rice rise The average spot price of EUT No.1 hard red winter wheat in the United States is 1427 per ton Yuan (delivery price at Northwest Pacific port), down 8.7% from last month, up 24.3% from the same period last year The average spot price of soft red winter wheat No.2 in the United States is 1216 yuan per ton (delivery price at Northwest Pacific port), down 7.9% from last month, up 24.2% from the same period last year The most recent futures price was 1014 yuan per ton (the closing price of the Chicago Mercantile Exchange on December 27), down 10.7% from the end of last month The average spot price of EUT corn is 886 yuan per ton (US yellow corn 2, Gulf delivery price), down 1.8% from last month and up 23.9% from the same period last year The most recent futures price was 782 yuan per ton (the closing price of the Chicago Mercantile Exchange on December 27), down 0.3% from the end of last month This is the third consecutive month that corn prices in the international market have fallen The spot price of EUT rice is 1479 yuan per ton (FOB Bangkok, including 25% crushed rice), 0.2% higher than last month and 8.7% higher than the same period last year Recently, rice prices in the international market have been basically stable, and the overall price level has come out of the trough in 2001 The average spot price of EUT soybeans is 1851 yuan per ton, down 0.5% from last month and up 28.2% from the same period last year The most recent futures price was 1735 yuan per ton (the closing price of the Chicago Mercantile Exchange on December 27), down 1.6% from the end of last month EUT (2) cotton prices continue to rise Since May, cotton prices in the international market of EUT have risen by a large margin Although there is a rise and fall between months, the overall upward trend is very obvious This month, the prices continue to rise In December 2002, the international market cotton per ton of 10018 yuan (UK cotton outlook a index), up 4.8% from last month, up 28.5% from the same period last year Among the edible vegetable oil varieties of EUT (3), the prices of soybean oil, rapeseed oil, peanut oil and palm oil all continued to rise by 4889 yuan per ton (FOB ex works Netherlands), 1.7% higher than last month and 46.3% higher than the same period last year Rapeseed oil is 5088 yuan per ton (FOB ex works Netherlands), 3.3% higher than last month and 28.9% higher than the same period last year Peanut oil is 7103 yuan per ton (CIF Rotterdam), 5.5% higher than last month and 28.4% higher than the same period last year Palm oil cost 3770 yuan per ton (CIF European market), 3.9% higher than last month and 39.9% higher than the same period last year Recently, the price of vegetable oil in the international market has been rising strongly At present, the price of various kinds of vegetable oil has reached the high price since 1999 EUT (IV) sugar prices have picked up In recent months, the price of white sugar in the international market of EUT has declined in fluctuation Although the price has picked up slightly this month, the overall price level is still low In December 2002, 1875 yuan per ton of sugar was sold on the international market (FOB London market contract 5), up 1.0% on last month and down 10.4% on the same period last year The price of EUT (5) pork fell, and the price of beef continued to rise The price of EUT pork was 46937 yuan per ton (US made, frozen meat split, wholesale price in Japanese market), down 1.5% from last month, up 2.5% from the same period last year At present, the price of pork is at a lower price in history Beef is 42394 yuan per ton (Australian, whole frozen, wholesale price in Japanese market), 2.9% higher than last month and 25.2% higher than the same period last year EUT
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