Thailand: Summary of the agricultural prices for the week of 27-31 March 2023

Published 2023년 4월 1일

Tridge summary

The article reports on the current trends in the agricultural market, focusing on the price movements and harvest progress of key crops such as corn and soybeans. It highlights price increases in corn due to decreased output and stabilization in soybean prices, despite concerns about harvest in Argentina and Brazil. The seafood industry is awaiting the announcement of the Peruvian fishing quota for April. In the rice market, prices have seen a significant increase for export-grade rice, while stabilization is anticipated across various livestock products, including swine, broilers, and chicken eggs. The article also mentions the stabilization in fishmeal prices, which is crucial for the aquaculture industry.

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

Original content

Corn: price increases Maize at the silo of the animal feed factory The price increased from 744 baht per harp to 774 baht per harbour, due to a decrease in the output. On the Chicago futures market, March 29, 2023, maize Delivery round May 2023, price at 650.50 cents / bushel, price increase Argentina begins harvesting corn Reported at 5%, behind the usual average of 10%, while Brazil's first harvest of corn is 56% and its second crop is nearing completion at 94%. The latest US Energy Information Administration (EIA) announced an increase in production to above 1 million barrels per day. The market is also tracking US corn acreage numbers for the 2066/67 season, to be reported on Friday night, March 31. The market expects corn acreage to be 90.8 million acres, compared to 88.5 million acres in 2022. /66 Trend : Domestic corn prices are expected to stabilize. Soybean: Prices Stable soybean meal from imported soybean seeds The price remained high at 24.00 baht per kilogram. The ...

Source: Pasusart