Weekly global agricultural product summary (28 October - 1 November 2024)

Published 2024년 11월 2일

Tridge summary

The article provides an overview of the current prices and trends in the Thai agricultural market, focusing on corn, soybean meal, fishmeal, rice, pigs, broiler chickens, and chicken eggs. It reports a slight decrease in corn and rice prices, with stable prices for soybean meal, fishmeal, broiler chickens, and chicken eggs. The decrease in corn prices is attributed to the completion of the US harvest, while the stability of soybean meal prices is due to good harvest conditions in the US and Brazil. The article also mentions a stable market for pigs, with increased demand, and anticipates strong pig prices to remain.

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

Original content

View summary of agricultural products in the past << Corn: Prices decreased Animal feed corn at animal feed factory silos is priced at 585 baht per basket, down from 588 baht per basket. On the Chicago Futures Exchange, on October 30, 2024, the animal feed corn contract for delivery in December 2024 decreased by 2.25 cents, or -0.54%, to close at $4.1150/bushel. The corn contract decreased slightly as the US harvest is nearing completion. Trend: Domestic corn prices are expected to remain stable. Soybean meal: Prices are stable. Soybean meal from imported soybeans is priced at 18.90 baht per kilogram. The United States has harvested more than 70% of its soybeans and is still in good harvest conditions. In Brazil, planting for the new season has been completed by almost 20%, although it is delayed from last year, but production is expected to remain good due to good weather conditions. The purchase volume in the market is stable. On the Chicago Board of Trade, soybeans for January ...

Source: Pasusart