Loading…
Chinese feed ingredient prices were mixed on August 26, 2021, per FeedtradeNet data. Corn slipped about 4 RMB to 2,763 RMB/MT, soybean meal fell 30 RMB to 3,530-3,700 RMB/MT, and rapeseed meal rose 10 RMB to 3,025 RMB/MT, while DDGS was flat.
Traders noted an imported-grain auction of 1.78 million tonnes and a US/Ukraine corn offer session planned for August 27.
Softer corn and soymeal prices in China reflect ample imported supply and easing transport restrictions, which trims import demand pressure. The article expects corn prices to ease further into September, a mildly bearish signal for feed-grade corn and soymeal export markets.
mt.stdado.comAug 25, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
