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ParsaPajohesh Feed Commentary

 

ParsaPajohesh Feed Commentary 

This is a Feed market update of December 31th ,2016

The board is lower to start the week as a looming record large Import Report along with collapsing Iran Grain markets cast a negative shadow across the floor

Compared to last two weeks ago , trade activity to limited on feed grade grains to trend .feed grade corn trade activity steady , demand moderate at 4 percent lower EXW  corn & Barley price was slumped to a record low over the week. Feed grade soybean meal trade activity steady, with demand moderate to good, The last week of December saw the market price change to its highest point since last April, helped by rising commodity prices and more valuable US dollar.  Soybean Meal , Methionine , Lysine price 10% higher EXW .According to the IFIA Prices negotiated spot market, IR Rial / KG ,  ( 39000  IR Rial= 1US $ )

*CORN (FEED YELLOW), Price this week  7700 Rial/KG , 2 week ago 7900 Rial/kg ,Year ago7000 Rial/KG

Barley (FEED grade), Price this week 7500 Rial/KG , 2 week ago 7600 Rial/KG, Year ago7800 Rial/KG

*Soybean Meal , Price this week 17000 Rial/KG , 2 week ago 16000 Rial/KG Year ago14000 Rial/KG

ParsaPajohesh Feed Commentary
ParsaPajohesh Feed Commentary
ParsaPajohesh Feed Commentary
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ParsaPajohesh Feed Commentary
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market
Type
feed
Product Author
Parsapajonesh Institute
Reviewed by

on 03/01/2016
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Price
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Summary
This is a Feed market update of December 31th ,2016 The board is lower to start the week as a looming record large Import Report along with collapsing Iran Grain markets

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