The price of corn and other feed materials in the international market soared (12.5)
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Last Update: 2003-03-12
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Source: Internet
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Author: User
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OA show ('918 '); according to Chicago, the price of feedstuff materials in the international market is soaring rapidly, among which the price of three-month delivery of soybean meal in the Chicago market rose by 194 US dollars per ton at the beginning of December, about 12% higher than that in the normal September In the same period, the price of corn futures in Peg market reached about $2.1 per bushel, up 17% compared with September According to the analysis of people in the international market of PEG, the direct reason for the soaring price of feed materials in the international market is that the European Union has been forced to refuse to use all animal feed and the demand for plant feed materials such as soybean meal and corn has been increased.
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