USA: Summary of agricultural product conditions for the week 15 - 19 July 2024

Published 2024년 7월 22일

Tridge summary

The article reports on the current trends and prices for various agricultural products in Thailand and the United States. It highlights a decrease in prices for corn and soybean meal due to favorable weather conditions for production in the US, while fish meal prices remain stable despite increased volume and stocks. Rice prices have also slightly decreased. In contrast, prices for pigs and broiler chicken are stable, with pigs priced between 70-78 baht per kilogram and broiler chicken at 43 baht per kilogram. Finally, the price for chicken eggs is also stable at 4.00 baht per egg.

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 759 baht per basket to 756 baht per basket. On the Chicago Commodity Futures Market, July 18, 2024, the animal feed corn contract September 2024 delivery fell 6.75 cents, or -1.70%, to close at $3.9125/bushel. Corn contracts for animal feed dropped. from weather conditions conducive to production in the United States and it is expected that the production will be in large quantities. Trend: Domestic corn prices are expected to be stable. Soybean meal: price decreased Soybean meal from imported soybean seeds The price decreased from 20.70 baht per kilogram to 20.50 baht per kilogram. The weather in the United States is still quite good. As a result, the forecast for soybean production will increase. At the same time, the purchasing volume in the market continues to increase, especially from China. On the Chicago Commodity Futures ...

Source: Pasusart