微信图片_20201229144151

SINOLOBEN  One-Stop Food & FMCG Service Platform

微信截图_20201230001432

Email: sinoloben@sloben.com

1
Location: Home > NEWS > The crisis in Russia and Ukraine may lead to an increase in the price of some feed raw materials

The crisis in Russia and Ukraine may lead to an increase in the price of some feed raw materials

发布时间:2022.03.09

The crisis in Russia and Ukraine may lead to an increase in the price of some feed raw materials. For more information on export to China, please call SINOLOBEN, service Email: sinoloben@sloben.com.



62b8912756c37e97cf1868958b7e7561


Steve Hart, vice president of the Global Fisheries Alliance, said in an interview with UCN: "the situation in Russia and Ukraine has led to a rise in wheat prices."

Ukraine accounts for 12% of global wheat exports and 16% of global corn exports, according to the U.S. Department of Agriculture. Us wheat prices have risen 6 per cent since the war broke out because Ukrainian ports have been closed, Hart said.

Wheat and corn are raw materials for aquatic feed, although they are less important than fish meal and fish oil, but if they are high-end mass-produced aquatic feed, they account for about 5-10% of the feed composition.

Even before the war between Russia and Ukraine, feed producers had raised prices several times to cope with rising costs, such as corn gluten prices rising by more than $850a tonne from $600a tonne, Hart said. The crisis in Ukraine could also have a knock-on effect, which in turn affects the price of other raw materials, such as animal by-products and soybeans.

"if feed mills use protein powder supported by many by-products, and manufacturers see feed prices rise, they will eventually have to adjust the price of animal protein." Hart said.

Fluctuations in the feed raw material market may accelerate the commercialization of some new component substitutes such as algae, which no longer seems so novel due to the rapid development of substitute protein research technology.

"some well-known feed companies, such as BioMar and Skrettings, will do research in the field of alternative proteins ahead of time and adjust their formulations to introduce new costs to help alleviate the problem of price volatility." Despite the rise in feed prices, Hart believes that aquaculture producers still have ample profit margins, mainly because of the current high global demand for aquatic products.


Consulting service for China's imports & exports, please contact us.

Ms. Linda Li
0086(0)21 3538 3306
sinoloben@thecustoms.com.cn


As food importer & food distributor based in Frankfurt and Shanghai, Sinoloben Europa Trading GmbH helps client export to China and bring your food products to International Expo, e.g. China International Import Expo (CIIE), the world's largest import-themed expo.  

Transferred from the network, such as intrusion and deletion.

            

热品推荐

Online Showcase

Online Showcase

Showcasing your products on online platform authorized by China’s International Import Expo  (CIIE)
Marketing & Branding

Marketing & Branding

Communicate face-to-face, accelerate the process of cooperation, sign the contract on site.
Imports & Exports Services:

Imports & Exports Services:

Mitigating risks of entering Chinese market, Carrying out trading  business with ease; Facilitating procedures of customs clearance,  logistics and order processing
Procurement & Sales

Procurement & Sales

Purchasing plan released on online platform;  Accurate quotation from online platform;  Lower trading cost;  Easier to find cooperation partners
市场营销

市场营销

中国本土化营销模式,一对一线下商务对接活动。  Communicate face-to-face, accelerate the process of cooperation, sign the contract on site.
线上展示

线上展示

将您的产品,商品在中国国内的网站、平台、APP、商城等多渠道进行线上展示
Offline Follow-Up

Offline Follow-Up

将为您提供7*24小时专属账户经理,随时为您答疑解惑 专业的营销团队,将不断为您匹配国内潜在买家 免费参加线下对接会,与潜在买家面对面交流

contact us

  • TEL:0086 21 3538 3360
  •     
  • Email:sinoloben@sloben.com
  • Address: 5F Tianke International Building, No. 1000, Pingliang Road, Yangpu District, Shanghai 200090
二维码
二维码

二维码

咨询热线
0086 21 3538 3360
网站首页
返回顶部