The price of soybean meal plummeted, and the chicken guy bought 100 packs of feed to see how much money was spent
Recently, the price of soybean meal has experienced a sharp decline, which has aroused widespread concern in the aquaculture industry. Is this an opportunity or a challenge for chicken farmers? To find out, we caught up with a chicken guy who recently bought 100 packs of feed, and let's take a look at how much he's spent and his plans for the future.
Falling soybean meal prices: the reason behind this
First, let's take a look at why soybean meal prices have plummeted. Soybean meal is an important feed ingredient, especially in livestock farming. The fluctuation of its price has an important impact on the aquaculture industry. The reasons for the decline in soybean meal prices can be attributed to the following aspects:
1. Bumper year: This year's high output of pulses has led to relatively abundant supply of soybean meal and lower prices.
2. Sluggish export demand: The unstable international trade environment has weakened soybean meal export demand, causing prices to fall.
3. Aquaculture outbreaks: Outbreaks such as avian influenza in some areas have led to a reduction in the size of the aquaculture industry, which in turn has reduced the demand for feed.
The chicken guy's choice
With soybean meal prices falling sharply, chicken farmers are faced with a choice: should they take the opportunity to buy a large amount of feed, or take a wait-and-see attitude and wait for prices to fall further? We interviewed a young chicken farmer named Zhang Liang to hear his views and decision-making process.
Zhang Liang has been working in the farming industry, running a moderately sized chicken farm that supplies fresh chicken to the local market every day. For him, feed is an important cost in production, so fluctuations in soybean meal prices have a direct impact on his business.
After the news of the fall in soybean meal prices, Zhang Liang began to seriously consider what strategy to adopt. He first contacted several feed suppliers to find out about current prices and availability. Through market research, he found that the price of soybean meal has fallen by more than 20%, and the supply is relatively abundant.
Then, Zhang Liang decided to take action. He bought 100 packs of soybean meal feed, the largest amount he had purchased in a lump sum in recent years. While he knows prices may continue to fall, he believes current prices are already relatively low and taking the opportunity to buy enough feed can reduce future cost pressures.
Buying 100 packs of feed: how much did it cost?
The soybean meal feed purchased by Zhang Liang weighs 50 kilograms per pack and the price is 200 yuan per pack. Therefore, he spent a total of 20,000 yuan on 100 packs of feed. It's a considerable expense, but in his opinion, it's a worthwhile investment.
He plans to store this batch of feed in the appropriate warehouse, ensuring that the storage conditions are good to prevent the feed from spoiling. He will also keep a close eye on changes in soybean meal prices, and if prices fall again, he may consider further replenishment of stocks.
Future farming plans
Zhang Liang is full of confidence in future breeding plans. He believes that by buying low-priced feed, he can reduce production costs and increase profitability. He plans to scale up chicken farming and increase production in the coming months to meet the demand for chicken.
In addition, he plans to improve the efficiency of farm management and optimize feeding and health management to ensure the best level of chicken growth and production performance. Through these initiatives, he hopes to remain competitive in a competitive market and achieve better economic returns.
summary
The collapse in the price of soybean meal is both a challenge and an opportunity for chicken farmers. Through keen market observation and sound decision-making, they can take action when prices are low, reduce production costs and increase profit margins. Zhang Liang's decision to buy 100 packs of feed is a vivid example, demonstrating the business opportunities and wisdom in the aquaculture industry. Over time, we will continue to monitor the trend of soybean meal prices, as well as the development of the aquaculture industry.