World: Summary of agricultural product conditions for the week 8-12 January 2024

Published 2024년 1월 13일

Tridge summary

Corn prices have decreased due to an increase in supply in the market and weakening demand. Soybean meal prices are stable, with normal weather conditions in Brazil and steady purchasing volumes in the market. Fishmeal prices are expected to remain stable, as there is increased fishing in Peru, but the actual amount of fish caught is still below quota. Rice prices have also decreased in the foreign market, while pig, broiler, and chicken egg prices are expected to be stable.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

See a summary of past agricultural product conditions<< Corn: Price decreased Corn for animal feed at the animal feed factory silo The price decreased from 639 baht per basket to 624 baht per basket due to after the festival. There is more corn entering the market. cause the price to weaken On the Chicago Commodity Futures Market, January 11, 2024, Xinhua News Agency reported that the animal feed corn contract March 2024 delivery fell 1.75 cents, or 0.38%, to close at $4.5775/bushel. Corn futures dropped and is near the lowest level since December. 2020 while investors are still adjusting their investment positions ahead of the monthly global supply and demand report from the US Department of Agriculture (USDA) today. Trend: Domestic corn prices are expected to be stable. Soybean meal: price stable Soybean meal from imported soybean seeds Purchase price at the factory Stabilized at 22.80 baht per kilogram. Market purchasing volume has begun to increase after the long holiday. ...

Source: Pasusart