1 ton down 1670 yuan! The plummeting of soybean meal is just the beginning

Mondo Finance Updated on 2024-02-16

1 ton down 1670 yuan! Soybean meal "** is just the beginning.

The sharp drop in soybean meal detonated the feed industry.

Soybean flour is one of the feed raw materials in China and occupies a pivotal position in China's consumption. However, in recent times, the sharp decline in soy protein** has had a great impact on the aquaculture industry. According to relevant information, the ** of 1 ton of soybean protein increased by 1670 yuan compared with the previous month, a decrease of 3307%。Such a large price reduction is undoubtedly worse for breeding enterprises, and it has also caused heated discussions and worries in the industry.

According to the market's response, soybean meal declined due to a decline in demand for feed and an increase in imports. Affected by factors such as the weakness of pigs and the depression of other breeding industries, in the fourth quarter of this year, major feed companies began to turn to alternative varieties such as rapeseed meal and cotton meal. During this period, China's soybean imports increased significantly, and U.S. soybean exports to China also increased significantly. Under the combined effect of the two, the supply of soybean flour market is greater than the demand, resulting in a large number of soybeans.

However, the sharp rise in soybean meal prices may be just the beginning. In terms of market trends, soybean yields are expected to be high in South America, and exports to China from Brazil, Argentina and other countries will also increase. According to the organization, Brazil's soybean yield will reach 1 this year48-1.5.6 billion metric tons, largely due to some degree of drought at this critical stage. In contrast, Argentina's soybean production is expected to grow to 5,000 to 53 million fathers-in-law. The performance of the two largest South American countries has played a large role in the import of soybeans from the United States. In addition, as China's aquaculture industry has entered a colder season, the demand for feed has also decreased, therefore, the consumption of soybeans is not optimistic.

In this case, the pressure on soybeans will increase further. While soybean imports are currently low and there is still support for soybean meal, Brazil is about to enter the harvest and is expected to exceed 10 million metric tons per month in the second quarter of this year. This will be a heavy blow to the bean flour, and the possibility will be greater.

The industry seeks change and development according to the situation.

At present, China's soybean protein feed industry is facing a serious contradiction between supply and demand, and feed enterprises are facing severe challenges faced by feed enterprises. Here are a few proposals::

1.Seeking alternatives: At present, some feed companies have used alternative raw materials such as rapeseed meal and cotton meal, and the current soybean meal market is at a high level, and this trend is still likely to continue. In addition, fishmeal, shrimp meal and other proteins are also available. Diversified feed structure can reduce production costs and enhance the competitiveness of enterprises.

2.Improving reproductive effectiveness: Increasing reproductive efficiency through improved feeding and management is also a good avenue. Through the reasonable adjustment of the proportion of raw materials, the weight and time of each pig are scientifically controlled, which reduces the loss of feed and increases the efficiency of feeding.

3.Strengthen the judgment of the bean flour: to have a strong insight and foresight of the bean flour. Keep abreast of the dynamics of soybean production and imports at home and abroad, and make the right decisions according to market conditions.

4.Enhance collaboration and alliance: By enhancing collaboration and alliance, companies are nurtured to be able to respond to market shocks. Through centralized procurement, sharing market information and mutual support, resource sharing can be achieved and market competitiveness can be enhanced.

Conclusion. The soybean meal market has fallen sharply, which has had a serious impact on the aquaculture industry, but it is also a rare opportunity. In order to meet the needs of the market, cultivated enterprises must seek new ways of development. By looking for substitutes, improving breeding efficiency, strengthening the market, strengthening cooperation and alliance, in order to win the absolute advantage of the market. In the face of this crisis and opportunity, only by being brave in innovation and flexible can we be invincible in the competition and achieve lasting development.

Related Pages