# Animal Feed Ingredient Market Information In China On May 24, 2021 - Industry news - News - Jiangsu Sinova Technologies Co., Ltd.

> China Feedtrade Net reported May 24, 2021 domestic feed ingredient averages: corn about 2,860 RMB/MT, soybean meal 3,410-3,590 RMB/MT (lower), rapeseed meal 2,925 RMB/MT (down 10), cottonseed meal 3,040 RMB/MT (up 50), and DDGS unchanged at 2,524 RMB/MT. Cottonseed meal output is limited as crushing margins shrink.

- Date: 2021-05-23 · published 2021-05-23T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/47199-animal-feed-ingredient-market-information-in-china-on-may-24-2021-industry-news
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Softer domestic soymeal alongside tight cottonseed supply shows Chinese feed buyers substituting toward cheaper meals, which can cap soymeal demand while supporting cottonseed meal prices.

## Read by commodity

- CSM: bullish ▲
- SBM: bearish ▼
- DDGS: neutral
- CANMEAL: neutral

## Sources

- stcdie.com: https://www.stcdie.com/news/animal-feed-ingredient-market-information-in-c-45965237.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.