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CFO News Weekly Update #42/43

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27 Oct 2021
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 42)
- Fishmeal Inventory at port is 201,460 mt 
- Weekly off take 22,780 mt
- Weekly arrival 23,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #42/2021

2) Today’s Price Indication (27 October 2021 – Wk #43)

Products

Origin

Quality

RMB/mt

SBM

China

43%

3,530-3,660

Canola Meal

China

36%

2,990

DDGS

USA

26/28%

2,380

Fishmeal

Peru

Super

11,400-11,700

Fishmeal

China

63/130

9,100

MBM

Uruguay/Argentina

beef 45%

5,100

MBM

Australia

beef 50%

5,000

PBM

USA

65%

7,600-7,800

Comments:
Per MOARA statistics, In Sept 2021, the output of aquatic feed was 3.4 million tons, a decrease of 11.2% month-on-month and an increase of 15.9% year-on-year.


The output of pig feed was 10.99 million tons, a decrease of 1.7% from the previous month and an increase of 19.9% year-on-year.

The output of egg and meat poultry feed was 2.62 million tons, a decrease of 2.3% from the previous month and 11.9% year-on-year;

Overall, weather is getting cooler and fishmeal and animal protein meal consumption is declining entering late Oct.

Table 1 – China Feed Production September 2021

item

Total
Production

Compound
Feed

Concentrate
Feed

Additive
Premix

Sep 2021 (10,000 ton)

2,627

2,425

133

61

+/- compare with
Aug 2021 (%)

-3.5

-3.8

-0.9

        +1.2

+/- compare with
Jan to Sep 2020 (%)

+2.7

+3.2

-5.3

+6.4

Total Jan- Sep 2021
(10,000 ton)

21,840

20,094

1,187

488

+/- Cumulative
Jan-Sep yr-on-yr %

+16.9

+17.1

+14.2

+16.2

Table 2 – China Feed Production on different species September 2021

item

Pig

Egg
Poultry

Meat
Poultry

Aqua

Ruminant

Pet

Other

Sep 2021 (10,000 ton)

1,099

262

768

340

124

9

27

+/- compare with Aug 2021 (%)

-1.7

-2.3

-4.3

-11.2

+4.6

+9.8

+1.3

+/- compare with
Jan to Sep 2020 (%)

+19.9

-11.9

-14.4

+15.9

+4.1

-2.1

+2.7

Total Jan-Sep 2021
(10,000 ton)

9,508

2,360

6,695

1,968

1,040

71

200

+/- Cumulative
Jan-Sep yr-on-yr %

+56.2

-9.7

-5.2

+13.2

+13.3

+11.2

-4.5


3) Importing Statistics/ September 2021
Major importing items including fishmeal, fish oil, MBM, PBM, Soybean.
Please click here [CFO Statistics page] to take a look. 

Remark:  

This is a gentle reminder, for MOA China license renewal, the application should be submitted to Beijing 6 months prior to expire,  please contact CFO License Center earlier .  
Any queries, please email: license@21cfo.com
 

 

 

 

 

 



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