Since April, the commercial inventory of soybean meal in China has significantly decreased, and prices have risen rapidly, with a cumulative increase of nearly 1,000 RMB/ton, directly pushing up the feed costs of enterprises.
It is reported that the proportion of soybean meal in enterprise feed is generally between 10% and 18%. According to the current increase in soybean meal, it is expected that the feed cost of breeding enterprises will increase by 100-180 RMB/ton.
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