Rising feed and fishing costs under high oil prices are expected to be tense for global animal protein supply

Author:Securities daily Time:2022.06.22

Wen | Xiao Wei

In the past few days, a number of feed companies have raised the price of feed again. The price adjustment range includes pork, cattle and sheep feed, poultry feed and aquatic feed. People in the industry analyzed that it is mainly high international oil prices. Essence In addition to the impact of high oil prices, the fishing industry is also under pressure from high oil prices, and the number of ships in the peak season of fishery decreases sharply. Experts said that the two major industries of breeding and fishing are affected by high oil prices, and it is expected that global animal protein supply will be tense. Since the beginning of June, the frequent price increase of feed prices has issued a notice of price increases in Guangdong, Sichuan, Chongqing, Yunnan, Anhui, Jiangxi, Guizhou, Fujian, Jiangsu and other places. Since June 19, Yulin Li and Guigang Ruikang issued a notice of price adjustment, which raised the teaching slot by 100 yuan per ton. Following the rise of pig feed, there are anti -ravioli feed, aquatic feed and poultry feed for cattle and sheep. From June 17th to June 21st, a number of feed companies issued a notice of price adjustment of aquatic feed, poultry feed, and anti -ravioli feed. Among them, Yangjianghai Yizi raised the fish ingredients by 200 yuan per ton, Jieyanghai raised the fish material by 200 yuan to 300 yuan per ton, and Zhongshan Yuehai raised the fish material by 200 yuan to 300 yuan per ton. Zhangzhou Hualong raised chicken, duck ingredients, geese, and pigeon pigeon ingredients 50 yuan per ton. Dali Zhengda generals with all meat chicken particles with feed, all meat ducks, egg ducks with feed, all anti -raw materials were raised by 50 yuan per ton, all aquatic products, all aquatic products It is expected to increase 75 yuan per ton. Kunming Huagang raised the meat chicks 75 yuan per ton, and the pheasant, meat ducks, fire ducks, egg duck materials, quail materials, and chicken materials were raised by 50 yuan per ton. Su Bin, the person in charge of Caixin Futures Investment Service Center, analyzed the above situation to reporters. The price increase of meat and egg products has brought a good impact on breeding companies, and caused certain operating pressure. "He added," Due to poor logistics, geopolitical conflicts, and inflation, the price of international crude oil continues to run high, and through fertilizer fertilizer, and fertilizer fertilizer , Pesticide, fuel, etc. are passed on to the production, processing and circulation of food production, processing and circulation, and then raising the comprehensive cost of grain. From the perspective of domestic and foreign futures markets, soybean, wheat, corn and other major grain futures and spot The processing enterprise increases operating pressure, and then the feed processing enterprise is undergoing cost pressure to the breeding industry. It is expected that after the feed price adjustment is expected, multiple feed prices may be raised during the year. The fishing industry is the second largest industry that can provide animal protein for the consumer market after the breeding industry. Due to the rise in European diesel prices, the cost of fishing industry has risen directly. At the consumption end, the level of inflation is at a high level. Some businesses dare not increase their prices easily, and the profit margin of fishery companies has been further squeezed. UCN reports that Scotland may end the peak fishing season in advance. Hu Luyi, editor -in -chief of UCN Marine Information, introduced, "Because the fishing boat goes to and from the sea for 1,000 kilometers and consumes a lot of diesel prices, the price of diesel has continued to rise, resulting in 50%of the value of fuel cost and fishing. The fishing in the European Union has become a business that is inaccurate. "According to the statistics of the International Energy Agency, international diesel prices have set a historical record, mainly because the production capacity of the refinery is insufficient. crude. As the largest variety of cod in the ocean fishing industry, cod is in the contradiction of insufficient supply. UCN statistics show that the price of cod slices in the United States is expected to be maintained at a high position for a long time. In the first half of 2022, the price of PBO (removal) single frozen fish fillets has risen to a historical high of 4,600 US dollars/ton. Rising to $ 5,000/ton, exporters and importers believe that the overall supply is tightening, and the price is more likely to continue to be strong. Hu Luyi told reporters, "Due to the rise in oil prices, not only the European Union, the United States, but also the global ocean fishing industry have fallen into a serious crisis. Taking cod as an example, in 2022, the United States and Russia are expected to have declined recently. . Russia's output of Ehhirk Sea will decrease by about 10%, the output of the East White Ling Strait in the United States will fall by about 19%, and the global supply may drop by 236,000 tons. " Supply occupies an important place. High oil prices not only affect the ocean fishing industry, but also transmit it to the offshore breeding industry through the feed industry. It is expected that this impact is difficult to fade in the short term. It may form a tightening pattern of global animal protein supply in the future. "Whether it will fuel will be fuel. Can a ship convert to electric ships solve the problem of high oil prices in ocean fishing? The reporter contacted Yaguang Technology staff. The other party said, "Technically, the fuel vessels are renovated into an electric boat, especially in the modification business of small and medium -sized fishing vessels. We have participated in it and have related business experience and successful cases. To achieve oil reform on the long -term ocean fishing, it is necessary to further research and develop oil to ensure that the speed or battery life is further improved. "