Corn gluten meal produced in the corn wet milling process is a good source of quality protein for use as an animal feed ingredient. Several Factors affect the price of corn gluten meal that determine its market dynamics. These drivers include, but are not limited to, the supply and demand balance of corn in a global context; movements of alternative protein feedstuffs relative to each other as well as their incremental displacement potential into various markets (sheep-to-cattle replacements); and environmental constraints on actual yields due to weather. In addition, changes in regulations and consumer preferences influence the market price of corn gluten meal.
Corn gluten meal has had a turbulent price history. Between the early 2000s, prices remained relatively flat, between $200m/t and just shy of $300/m. But in 2006, prices jumped to more than $500 per metric tonne because demand for corn-based ethanol rose. However, in 2014 prices fell to about USD300/metric tonne after demand for animal feed decreased as corn prices went down.
Global Corn Gluten Meal Market: Key Trends and Opportunities As per the current scenario, forecasts indicate an inclusive positive growth outlook for corn gluten meal during the years ahead since there is increasing demand for animal feed that includes high percentage of protein (like CGM). It results in a higher demand for animal protein, which requires high-protein feed to produce. The market for corn gluten meal, moreover, is expected to gain from the increasing application of bioplastics manufactured using a large fraction of corn.
Feed and agriculture companies are watching the price of corn gluten meal carefully.offsetWidth+651);}();) READ Fraser revamp project fosters innovation in animal feed production. This too is a proteinaceous feed ingredient, Corn gltuen meal for poultry since it ihts has application role to play in the production of feeds for use as animal feecs such as those specially formulated or designed and Madison only roasted chickicems. As a result, the price of corn gluten meal will have an impact on production costs and competitiveness of animal feed industry since most raw materials for animal feeding is produced in Vietnam from imported hauling. Some of which being to agriculture, as the industry is heavily based on corn (corn gluten meal price loosely reflects USP), others to police. An increase in the price of corn gluten meal will create increased competition for alternative protein sources with NFS, causing other uses to pay more if they still want corn.
This is important for farmers, traders and consumers in the short run as well as long haul The corn gluten meal price trends_credit_tradingsouls Producers with farmers who lean heavily on corn as a primary cash crop are relatively well hedged in the face of rising prices for 30% CP, thus allowing them to sell their corn at an even greater rate. But farmers who rely on corn for animal feed could see higher feed costs. Corn gluten meal and other animal feed ingredient traders have to stay abreast of the changes taking place in this or that market space, as well as be able to respond promptly to price fluctuations. That could mean consumers paying more for animal-based products like beef, dairy or eggs as the cost of feeding those animals rises.
To conclude, it is worth mentioning that the price of corn gluten meal depend from many facts including world and domestic dynamics on global markets with maize, changing in prices for other protein sources and weather which will decide about crops. Milled Corn Products to Continue Generating Highest Revenue Milled corn products will continue to generate the highest revenue in terms of product as meanwhile; demand for gluten meal is anticipated to expedite further.The market remains lucrative on a backdrop constant protein-rich animal feed, which leads us back towards documentation where compound nutrition plays an integral role. Although the price of corn gluten meal has its own special significance as a raw material in animal feed and possibly agriculture, farmers, traders and consumers are affected. All stakeholders need to be informed about the trends in market and variations so that they can take better decisions regarding their operations and buying.
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