Loading…
Jiangsu Sinova's China feed ingredient price list for 14 September 2020 showed corn at 2269 RMB/MT and soymeal up 50-100 RMB/MT, while DDGS fell 27.50 RMB/MT. The report notes US soybeans rose after a sharp USDA supply cut, with prices supported by National Day and La Nina concerns for South America.
Higher Chinese soymeal and US soybean prices tighten feed protein costs, while the lower DDGS price points to softer demand for that co-product.
mt.stdado.comSep 13, 2020Not 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.
