Dynamics of prices for concentrated feed
12.10.2011
Prices for concentrated feed in September decreased significantly. First of all it is connected with the collection of new crop and increase in the volume of incoming raw materials for oil extraction plant processing. Accordingly, the offer of meal and cake at the domestic market increased and prices decreased.
Good crops of sunflower and favorable weather conditions resulted in price reduction for sunflower meal and cake to the level of the same period last year. Prices for soybean cake and meal also dropped, but not to the last year level.
From August to September this year, prices for sunflower meal fell to 20.7% (508 UAH/ton) to 1,942 UAH/ton, soybean meal lost 8.7% (450 UAH/ton) from the previous price. Sunflower cake fell by 28.5% (726 UAH/ton) to 1,824 UAH/ton, soybean cake — by 20.7% (1,057 UAH/ton) to 4,043 UAH/t.
Fig. 1. Dynamics of prices for concentrated feed, September 2010 — September 2011
In early October, the situation at the market of concentrated feed was similar to that observed in late September - prices continued to go down. The price for sunflower meal changed greatly. During the period from September 26 to October 11 it fell down by 23.1% (405 UAH/ton) to 1,350 UAH/t. Sunflower and soybean cake price decreased by 19.1% (292 UAH/ton) and 6.8% (256 UAH/ton) to 1,238 UAH/t and 3,510 UAH/t respectively. Soybean meal price increased by 2.3% (100 UAH/t) and amounted 4,400 UAH/t.
Fig. 2. Dynamics of prices for concentrated feed (in terms of weeks)
