Dynamics of prices for concentrated feed
23.06.2011
In June this year there is growth of prices for concentrated feed of all categories. First of all, this situation is connected with a decrease of inventories of raw materials for manufacturing the product. Stable growth of prices for soybean and sunflower pushes cake and meal prices up.
Within a month price for sunflower meal grew by 2.4% (50 UAH/t) to the level of 2180 UAH/t. Sunflower cake rose in price by 4.2% (90 UAH/t) to 2250 UAH/t. As for soybean meal, it has risen by almost 2% (100 UAH/t) to 5275 UAH/t. The price for soybean cake went up by 2.2% (94 UAH/t) to 4394 UAH/t.
* from June 1 to June 21 inclusively
Fig. 1. Dynamics of prices for concentrated feed, June 2010 - June 2011
In the period from June 7 to June 20 prices for concentrated feed significantly increased. Sunflower meal prices increased by almost 2% (40 UAH/t) to 2200 UAH /t, and sunflower cake has up in price by 4.6% (100 UAH/t) to 2300 UAH/t. As for by-products of soybean processing, the meal out of this olive up by 1% (50 UAH/t) to the mark of 5300 UAH/t, and the price for cake has risen by 3.2% (138 UAH/ton) to 4463 UAH/t.
Figure 2. Dynamics of concentrated feed prices (by weeks)