1) Weekly Report (Wk # 44)
- Fishmeal Inventory at port is 197,480 mt 
- Weekly off take 18,140 mt
- Weekly arrival 13,700 mt
Full report, please click below link CFO China Feed Market Weekly Update #44/2021

2)  Today’s Price Indication (10 November 2021 – Wk #45)

Comments:
Chinese government just official announced on 1/Nov/2021 that replacement of feed grain consumption.
- reduce corn & soybean meal in pig & chicken feed ingredients.
- make full use of alternative resources of other grains by-products
- promote the low protein formula reduced the rate of SBM.
- increase the supply of high-quality forage grass and reduce the amount of concentrated feed in cattle & sheep breeding cement of feed grain reStrengthen the replacement of feed grain reduction. Promote the reduction and substitution technology of corn and soybean meal in pig and chicken feed, and make full use of alternative resources such as miscellaneous grains, miscellaneous meal, and by-products of grain processing.

Remark:  

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