Post by account_disabled on Dec 24, 2023 8:48:23 GMT
Summary of agricultural product conditions for the week, October 26-30, 2020. Corn: The price increased this week. The trading price of animal feed corn at the animal feed factory silo. Increased from 531 baht per baht to 543 baht per baht due to the damage of animal feed corn production due to rain. On the Chicago futures market on October 28, 2020, animal feed corn For December delivery, the price was 401.5 cents/bushel. The price dropped slightly. by the United States Department of Agriculture Reported total orders for corn to Korea, amounting to 207,000 tons. As for production volume Corn harvest progress for the 2020/21 season is reported to be at 72%, up from 60% last week. There is an increase in the amount of rain. But next week it is expected to drop again. Meanwhile, in South American countries, there will be better rain until next week. Helps accelerate the cultivation of corn. However, the drought in Argentina is still a concern.
Outlook: Domestic corn prices are expected to remain firm. Soybeans: Prices Industry Email List will increase. Soybean meal from imported soybean seeds The price increased from 16.35 baht per kilogram to 16.50 baht per kilogram. The price increased. This is because the amount of demand in the market continues to increase. especially from China Including other countries Besides in Asia While the weather conditions in producing countries including the United States and Brazil is better But buying countries are still concerned about expected production declines. Causing there to be a rush to buy and make stock continuously Resulting in the price to harden. On the Chicago futures market on October 28, 2020, soybean seeds For delivery in November, the price is 1,057.25 cents/bushel and soybean meal. For December delivery, the price was at 376.7 USD/short ton this week, despite US soybean demand.
from China will slow down But orders are reported for 110,000 tonnes going to Egypt and 120,000 tonnes going to other countries. The progress of the harvest The report is 83%, 10% higher than the five-year average, and increased rainfall in Brazil is expected to help replenish soil water. and help accelerate the cultivation of soybeans in the 2020/21 season. Trend: It is expected that the price of imported soybeans will remain strong. Fishmeal: Prices have increased. This week, the situation of domestic fishmeal prices increased by 1 baht for every number, while trading prices in the Chinese market. It continues to move up. This is because the amount of production in the country is expected to decrease due to weather conditions. As for purchasing at the pier, there is still a lot. from the amount of Peruvian fish meal that continues to come in by shrimp grade fishmeal The price increased from 46.00 baht per kilogram to 47.00 baht per kilogram.
Outlook: Domestic corn prices are expected to remain firm. Soybeans: Prices Industry Email List will increase. Soybean meal from imported soybean seeds The price increased from 16.35 baht per kilogram to 16.50 baht per kilogram. The price increased. This is because the amount of demand in the market continues to increase. especially from China Including other countries Besides in Asia While the weather conditions in producing countries including the United States and Brazil is better But buying countries are still concerned about expected production declines. Causing there to be a rush to buy and make stock continuously Resulting in the price to harden. On the Chicago futures market on October 28, 2020, soybean seeds For delivery in November, the price is 1,057.25 cents/bushel and soybean meal. For December delivery, the price was at 376.7 USD/short ton this week, despite US soybean demand.
from China will slow down But orders are reported for 110,000 tonnes going to Egypt and 120,000 tonnes going to other countries. The progress of the harvest The report is 83%, 10% higher than the five-year average, and increased rainfall in Brazil is expected to help replenish soil water. and help accelerate the cultivation of soybeans in the 2020/21 season. Trend: It is expected that the price of imported soybeans will remain strong. Fishmeal: Prices have increased. This week, the situation of domestic fishmeal prices increased by 1 baht for every number, while trading prices in the Chinese market. It continues to move up. This is because the amount of production in the country is expected to decrease due to weather conditions. As for purchasing at the pier, there is still a lot. from the amount of Peruvian fish meal that continues to come in by shrimp grade fishmeal The price increased from 46.00 baht per kilogram to 47.00 baht per kilogram.