Thailand: Summary of agricultural product conditions for the week

Published 2024년 3월 2일

Tridge summary

Agricultural product prices have seen a mix of changes recently. Corn and soybean meal prices have dropped due to factors such as buying pressure and Brazil's ongoing harvest. Fishmeal and chicken egg prices remain steady, with fishmeal purchases increasing. Rice and broiler prices have risen due to export rates and recommendations from the Livestock Economics Research Group, respectively. Pig prices have remained stable at 66 baht per kilogram, as reported by the National Pig Farmers Association.

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 Price decreased from 624 baht per tray to 621 baht per tray. On the Chicago Commodity Futures Market, February 29, 2024, Xinhua News Agency reported that animal feed corn contract May 2024 delivery rose 1 cent, or +0.23%, to close at $4.295/bushel. Corn rose for the fifth day in a row after falling to a three-year low last week. But analysts said The increase is a result of buying pressure offsetting speculators' short sales. Meanwhile, large quantities of produce will continue to put pressure on prices. Trend: Domestic corn prices are expected to be stable. Soybean meal: price decreased Soybean meal from imported soybean seeds The price dropped from 22.00 baht per kilogram to 21.80 baht per kilogram. The harvest in Brazil is still ahead of the 5-year average, with the actual harvest already over 75%, while the market trading volume has decreased. ...

Source: Pasusart