WebSep 23, 2024 · China is facing a soybean meal shortage, at least in the short term, with prices of the feed ingredient soaring to a record in some provinces. Spot prices have jumped as much as 10% this week in ... WebMar 31, 2024. Mar 01 Mar 07 Mar 11 Mar 15 Mar 21 Mar 27 Mar 31. 430 440 450 460 470 480 490 500. Previous. Close $459.90.
Food security drives China to cut soymeal use in animal feed
WebApr 13, 2024 · BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use in animal feed as it continues to try to reduce its heavy reliance on soybean imports. The new plan proposes that soymeal ratios in animal feed should be reduced to under 13% by 2025, down from 14.5% in 2024. WebAsia. In China, the soybean market reached 3638 RMB/MT in the second week of January 2024, rising by 3.29% from the starting of the month. With the approaching of the Spring … understanding rental car insurance
Soybean Meal Prices: Latest Price, News, Chart, Market Analysis
WebApr 13, 2024 · BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use in animal feed as it continues to try to reduce its … Web3 hours ago · Soybeans are crushed to make soybean meal, one of the major ingredients in animal feed and needed in large quantities for China's huge hog herd. Hog farmers, however, have been losing money since the start of the year, with hog prices hovering around 15 yuan ($2.18) per kg, pressured by weak demand and excess supply. WebOct 30, 2024 · Soybean meal prices on the rise China’s soybean meal (SBM) price has exhibited a moderate upward trend since July, with a rapid surge in October (see chart … thousand motorcycle helmet