World market for grain, corn and fishmeal products as of 31.12.2021

Published 2022년 1월 3일

Tridge summary

The article discusses the significant price increases in key agricultural commodities such as soybeans, corn, soybean meal, durum red winter wheat, and soft red winter wheat in the year ending 2021, with expectations for stable to high prices in 2022, albeit not at the same growth rate. It notes a strong rally in US export prices for gluten-free corn in the last week of 2021, attributed to the global fishmeal market situation, and high prices for dry corn bards (DDGS) from the US due to its lower cost compared to soybean meal. Peru's fishmeal sales are nearly exhausted, with only a small amount remaining for the next fishing season, indicating that most buyers have been well supplied and that the remaining stock will be in competition for small buyers.

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

Original content

03.01.2022 Last year ended in price of soybeans by 41% during the year, corn - by 52%, soybean meal - by 38%, durum red winter wheat (HRW) - by 65%, soft red winter wheat (SRW) - by 38% %, which set upward trends for the entire world grain market. It is clear that none of the participants in the trade does not expect that in 2022 there will be the same overall growth rate of grain prices. Last year saw an increase in the price of soybeans by 41% during the year, corn - by 52%, soybean meal - by 38%, durum red wheat (HRW) - by 65%, soft red winter wheat (SRW) - by 38%, which and set upward trends for the entire world grain market. It is clear that none of the participants in the trade does not expect that in 2022 there will be the same overall growth rate of grain prices. SRW corn soybeans In year-end reports and comments for 2022, most experts believe that this year will not be as strong in terms of rising grain prices as 2021, but do not expect prices to fall to early 2021. In ...

Source: Agriagency