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CFO News Weekly Update # 36-37

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15 Sep 2022
Sources: 
CFO Exclusively

1) Weekly Report (Wk # 36)
- Fishmeal Inventory at port is 212,570 mt 
- Weekly off take 36,070 mt
- Weekly arrival 54,300 mt
Full report, please click below link CFO China Feed Market Weekly Update #36/2022

2) Today’s Price Indication (14 September 2022)

Products

Origin

Quality

RMB/mt

SBM

China

43%

4,930

Canola Meal

China

36%

3,860

DDGS

USA

26/28%

2,750

Fishmeal

Peru

Super

12,800-13,200

Fishmeal

China

63/150

11,000

MBM

Uruguay/Argentina

Beef 45%

6,000

MBM

Australia

Beef 50%

6,000

PBM

USA

65%

9,800

Comment:
Aquatic feed production in Aug continuing improving , while pig feed is not as good as previous year.  More details, please see below tables.  
 

Table 1 – China Feed Production August 2022

item

Total
Production

Compound
Feed

Concentrate
Feed

Additive
Premix

Aug 2022 (10,000 ton)

2,635

2,443

129

54

+/- compare with Jul 2022 (%)

+7.2

+6.6

+19.1

+10.3

+/- compare with Jan to Aug 2021 (%)

-6.7

-6.9

-2.5

-7.8

Total Jan-Aug 2022 (10,000 ton)

18,746

17,405

888

382

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

-5.0

-4.3

-15.6

-9.0

 

Table 2 – China Feed Production on different species August 2022

item

Pig

Egg
Poultry

Meat
Poultry

Aqua

Ruminant

Pet

Other

Aug 2022 (10,000 ton)

1,067

253

789

369

129

9

19

+/- compare with Jul 2022 (%)

+8.5

+3.2

+6.2

+7.2

+11.1

-1.5

+12.3

+/- compare with Jan to Aug 2021 (%)

-11.2

-9.9

-4.8

+3.0

+4.7

-2.1

-11.0

Total Jan-Aug 2022 (10,000 ton)

8,081

2,045

5,646

1,803

970

71

131

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

-7.9

-5.4

-6.8

+15.1

+3.3

+5.4

-21.6


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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