The Ministry of Agriculture and Rural Areas expanded the monitoring scope of national agricultural product quality and safety to 122
As we all know, feed is a very important factor in the process of agricultural farming. The price rises and falls directly affects the cost of farming. Therefore, feed prices are highly concerned by agricultural farmers. So, what is the feed in recent days? It is understood that the average price of corn in the country yesterday was 1958 yuan / ton, down 10 yuan / ton from the previous day, down 11 yuan / ton from last week, the ratio of pig to grain was 5.20:1; The average price of soybean meal was 3,369 yuan / ton, which was 4 yuan / ton lower than the previous day's price, which was 42 yuan / ton lower than last week's price.
Last week, domestic soybean meal prices fluctuated in a narrow range. US soybeans rose 1.65% last Friday, due to expectations of a decline in Argentina's harvest; Monday's price fell, and rebounded again on Tuesday, as soybean meal futures rose, mainly because investors worried that the world's largest soybean meal supplier Argentina will affect supply due to drought; Wednesday's price fell due to investment People are worried that due to trade disputes, China’s buying power in the largest purchasing country will be exhausted, and Brazil’s soybean supply will be sufficient. Fusong will increase Brazilian soybean production to 117 million tons; it will rise on Thursday, assisted by technical buying, and for the United States and the world. The largest soybean purchase country - China's trade negotiations are optimistic, closing the July soybean contract 1053.25 cents. Last week, domestic soybean meal prices fluctuated in a narrow range. US soybeans rose 1.65% last Friday, due to the expected decline in the Argentine harvest; Monday's price fell, and rebounded again on Tuesday, as soybean meal futures rose, mainly because investors worried that Argentina, the world's largest soybean meal supplier, will affect supply due to drought;
In terms of domestic spot, last week was the return of the May Day holiday. In just three working days, the soybean meal market was trading in a narrow range. Although the factory inventory pressure remains, but after experiencing a recent continuous decline, the factory will continue to lower the price willingness, and the odds of adjusting prices are obvious. On Monday, it was still a small holiday on May 1st, and the market continued its previous decline. On Tuesday, May 1st, the market suspended the offer, and the first working day after Tuesday, due to the US soybeans rising during the holiday period, the factory quotation rebounded; but Zhou Fourth, under the pressure of falling overnight, the market was weak again. On Friday, due to the rise of US soybeans overnight, given the optimism about Sino-US trade negotiations, the domestic soybean meal market also rebounded strongly.
US soybeans rose 10.25 cents on Thursday night due to technical buying and optimism under Sino-US trade negotiations. Export data released by USDA on Thursday showed that US soybean exports were 886,200 tons in the week ending 26th. , in line with market expectations. However, just contrary to the external market, due to the current optimistic Sino-US trade consultation, the company fell on Friday and the electronic disk turned weak. Domestic soybean meal stocks continued to adjust downwards under this pressure, and the mainstream continued to cut 20-30 yuan/ton. The US trade delegation arrived in Beijing early on Thursday and will meet with China on Friday. It will leave Beijing on Friday night. The outcome of the negotiations will be announced soon. Let us wait and see. With the dilution and departure of trade events, the market will return to the fundamentals, paying more attention to the guidance of the US Department of Agriculture supply and demand report in May.
Last week, the market price was adjusted and adjusted. In the futures market, the May Day soybean meal futures rose, boosting the increase in the number of vegetables, but after the festival was still affected by the high stocks of soybean meal, the soybean meal was weakly organized, and the dishes were mainly arranged. In the spot market, soybean meal has a high inventory, and the future soybean market is large, and the market is profitable. However, the May Day US soybeans rose, boosting the market, and the vegetable market rose slightly. During the Sino-US trade negotiations, the market was cautious and quiet. The results of the negotiations will be guided by the market, and the market will be weak. How to further focus on the outcome of Sino-US trade negotiations, if the two sides negotiate an agreement, then the market will follow the further decline of soybean meal. However, due to the expected decline in rapeseed production this year, new vegetable carp is about to go on the market, and aquaculture has entered the early peak season. The oil plant has a strong price and the long-term bullish remains unchanged.
Last week, the cotton aphid was mainly organized. The fundamentals of the domestic market are under pressure, and the external boost is not strong. The cottonseed shipments are slow, and most oil plants in Xinjiang are shut down and digesting inventories. However, there are few transactions in the market, which drags down the market. However, the price difference between cotton aphid and soybean meal has a certain degree of resilience. In addition, the May Day US soybeans rose and the cotton oil plant's own inventory is not much, which boosted the cotton and cotton market. Most of the market prices remained stable, and some regions offered small increases. Up to now, Shandong 46% protein cotton 粕 reference price 2680-2800 yuan / ton; Xinjiang 46% protein cotton 粕 reference price 2300-2400 yuan / ton.