Soyameal drops, further price falls likely


By FWi staff


DOMESTIC soyameal prices slipped this week as the South American soyabean harvest continued apace. Imported high-protein soyameal dropped £9 to £149/ tonne – the lowest price for months.

Analysts expect soya values to fall further over the coming months, despite a recent upturn in the US prices. The US market is burdened by high carry-over stocks from last year and this seasons harvest will boost supplies further.

Of the other ruminant straights in our table below, Supergrains also showed a large fall in price. Domestic supplies of Supergrains has eased by £7.50 over the past few days to just £20/ tonne.

Vitagold dropped £9 to £28/ tonne, and domestic maize gluten meal eased £2 to £79/ tonne. The only climber of the week was domestic rapeseed meal which edged up £1 to £90/ tonne.

All other ruminant straights remain available at last weeks prices.






PRICES



w/e 29 April, 1998













































  Oil
(%)
CP
(%)
DCP
(%)
Fibre
(%)
Ash
(%)
Calc ME
(MJ/kg DM)
Spot
price (£/t)
Dry matter
(DM %)
Energy
cost (p/MJ)
DCP
cost (p/g)
Brewers grains
(20t tipped)
7.724.518.417.04.511.714.00240.500.03
Citrus pulp
pellets/meal
3.07.04.013.07.012.5WDN900.620.19
Distillers dried
Home-prod pellets
7.534.026.08.54.014.0WDN900.000.00
Distillers dried
Imported meal
7.028.022.09.44.013.5101.00900.830.05
Fishmeal, pure
2 t lot bags
10.073.071.00.917.714.9515.00903.840.08
Maize gluten
Home-prod pellets
4.020.017.08.07.013.088.00900.750.06
Maize gluten
Home-prod meal
3.020.017.08.07.013.079.00900.680.05
Maize gluten
Imported pell/meal
3.020.017.08.07.013.082.00900.700.05
Molasses (cane) 5.04.25 8.012.799.30751.040.31
Molasses (Molmax) 16.013.6 8.011.586.80680.910.08
Palm kernel expell
meal – Malindo
8.515.512.020.04.012.7WDN900.000.00
Rapeseed meal
Home-produced
2.540.034.012.08.012.093.00900.860.03
Soya bean meal Hi pro1.7752.045.04.57.013.5149.00901.230.04
Soya bean meal
Brazilian 48% pell/meal
1.6652.045.06.07.013.5WDN900.000.00
Supergrains
(20-25t tipped)
10.032.025.016.01.514.020.00260.550.03
Sugar beet pulp dried
Home-prod mol pell
0.611.08.013.58.012.589.00900.790.12
Sugar beet pulp dried
Imported mol pellets
0.411.08.013.58.012.5n/a900.000.00
Sugar beet pulp dried
Imported unmol pellets
0.59.07.518.08.012.5n/a900.000.00
Vitagold (25t tipped)10.034.026.011.03.014.528.00350.550.03
Wheatfeed pellets4.517.014.58.05.012.574.00880.67z0.06


Source: KW Agriculture


  • WDN = withdrawn
  • CP=crude protein
  • DCP=digestible crude protein
  • Unless otherwise stated, prices refer to 10t bulk blown deliveries within 50-mile radius of store
  • Energy cost and DCP cost are to demonstrate the value of the particular commodity



    Copyright ©Reed Business Information 1998.

    Contact postmaster@fwi.co.uk with any comments or questions



  • See more