What is the response to the surge in feedstock prices?

Editor's note: The rapeseed meal is the residue left after the rapeseed oil is extracted and is the main raw material for fish feed. Since August, the domestic spot price of vegetable dishes has continued to rise, basically maintaining a trend of 30-50 yuan per ton per week. Why does the dish suddenly increase in price? How do farmers respond to the increase in farming costs? What is the future trend of the market? eGc China Feed Industry Information Network - based on feed, serving animal husbandry

eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Zhongguangwang Beijing August 19th news (Reporter Xu Wei) According to the Voice of China's Rural Voices, "Three Rural China" reported that since June, the price of rapeseed has been rising all the time, and supply is tight. In an oil mill in Jingzhou City, Hubei Province, the dish here has long sang the "empty city plan." eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Sun Wei, the person in charge of the oil mill: "At present, the food is basically empty. The price of this year is now 3 2 2 pounds. The factory is basically out of stock. I bought the medium grain storage and processing, and the quantity is very small." eGc China Feed Industry Information Network - based on feed, serving livestock

According to Wang Chunquan, an analyst at Merya Futures, the spot price of the vegetable dish is like a "rocket" this year, showing a situation of both supply and demand. eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Wang Chunquan: “The spot price of rapeseed meal is 2650 yuan/ton from the price of grain storage in June, to 2700 yuan/ton of market price, and has been rising to the current spot. The South China region is 3300 yuan/ton, and the Central China region is 3250 yuan/ton. The price has risen by 600 yuan / ton, up 800 yuan / ton." eGc China Feed Industry Information Network - based on feed, service animal husbandry

As a raw material for fish feed, the price of rapeseed in the past years is relatively honest. Why is it not safe this year? Wang Chunquan analyzed that this is caused by the imbalance between supply and demand in the market. On the one hand, in the peak season of aquaculture, the market demand is large; on the other hand, domestic rapeseed production is reduced, and imported vegetables are limited, resulting in a situation of less than demand. eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Wang Chunquan: “The production of rapeseed is relatively small. The market is only about 6.5 million tons, which is converted into more than 390 million tons of vegetables. Together with the domestically imported rapeseed, it is only 2.9 million tons. In addition, in 2012, the domestic restrictions on the import of Indian and Canadian vegetable oysters , which led to the import of leeks , which intensified the tension of the oysters ." eGc China Feed Industry Information Network - based on feed, Service animal husbandry

In addition to the market supply and demand changes in the vegetable market itself, soybean meal is also one of the "culprits". Wang Chunquan analyzed that the price of soybean meal in China has skyrocketed last year, setting a record high. Taking Hubei as an example, the price difference between soybean meal and rapeseed reached 1,800 yuan / ton. Therefore, many feed enterprises use vegetable meal to replace some soybean meal into the feed formula. eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Wang Chunquan: “The price of soybean meal is very high, which has caused a lot of cotton amaranth to be replaced in the market, which led to a very low stock of rapeseed meal in 2013. Our statistics are in May 2013. Before the new vegetable market was listed, there was basically no vegetable in China. The stock of cotton aphid ." eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Just as the vegetable meal was used instead of soybean meal, the continuous high-grade cooking dish forced the company to start looking for new substitutes to reduce production costs. Chen Jie is the head of a feed company and he is currently thinking about adjusting feed ingredients. eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Chen Jie: "Now there is no grocery shopping, the price has risen too high, there are few goods, and there is no price/performance advantage. If you don't buy it for a while, you can replace it. You can replace it with raw materials." eGc China Feed Industry Information Network Feed, service animal husbandry

Vegetable carp can provide fish with abundant plant proteinogens, accounting for 8% of fish feed. So, can the dish be replaced with other ingredients? Can the cost of farming be reduced? The answer given by Zhang Jie, a professor at Zhejiang Ocean University, is affirmative. eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Zhang Jie: "There can be some alternatives, such as peanut meal, and the protein content of soybean meal is also high; the protein content of soybean meal is also high, and the ability of fish to digest soybean meal is also good. For example, cotton aphid can also be substituted. In addition, appropriate addition of other amounts to reduce the amount of rapeseed, such as rice bran, wheat bran, wheat bran, can be used as an alternative." eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Although the current price of rapeseed is high, however, Wang Chunquan, an analyst at Melya Futures, predicts that as cotton will begin to produce in the later period, cotton aphids, which are substitutes for rapeseed, will be listed in large quantities. By November, the price of rapeseed will be available. A sharp fall, a cliff-like decline. eGc China Feed Industry Information Network - based on feed, serving animal husbandry

Wang Chunquan: "The season is very strong. After November, there is basically no consumption. The aquatic products are basically stagnant. In this case, there may be a trend from cool summer to cold winter after November, and the cliff falls." eGc China Feed Industry Information Network - based on feed, serving animal husbandry

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