Summary of agricultural product conditions for the week 22 - 25 April 2024 in Thailand

Published 2024년 4월 28일

Tridge summary

The article reports on the current trends in agricultural product prices in Thailand and the United States. It highlights a decrease in corn prices due to potential crop weather issues, while soybean meal prices have increased due to war-related pressures. The prices for fishmeal and rice are expected to remain stable, with rice prices seeing an increase in the domestic market. The price of pigs has also increased across all regions, whereas broiler chicken prices have decreased, and the prices for chicken eggs are projected to remain 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 drops Corn for animal feed at the animal feed factory silo Price decreased from 621 baht per tray to 612 baht per tray. On the Chicago Commodity Futures Market, April 24, 2024, the animal feed corn contract May 2024 delivery fell 5.25 cents, or -1.19%, to close at $4.3775/bushel. Corn futures fall on this week's crop weather. More rain and cooler temperatures in the Midwest could hinder crop progress. Trend: Domestic corn prices are expected to be stable. Soybean meal: price increases Soybean meal from imported soybean seeds The price increased from 20.20 baht per kilogram to 20.90 baht per kilogram as the war pressured the price of raw materials and transportation costs to increase. The United States has started planting 3% of the new season's soybeans, which is faster than the 5-year average, while the weather condition remains. It is forecast to be dry. On the Chicago Commodity Futures Market, on April 24, ...

Source: Pasusart