Thai grain importers have bought some cargoes of soyameal from Brazil and could buy more for October shipment, traders said on Tuesday. On Tuesday, Brazilian high-protein soyameal was offered at cost and freight premiums of $35-37 per short ton over the Chicago October contract and Argentine high-protein soyameal was at $27-28 per short ton over.
The Thai Foodstuff Users Promotion Association, which represent soyabean and soyameal importers, bought 36,000 tonnes of Brazilian soyameal from the Advance Engineering trading firm last Friday for September 15-October 15 shipment, traders said.
The association bought 19,000 tonnes of Brazilian high-protein soyameal at $258 a tonne, cost and freight, and the other 17,000 tonnes of Brazilian mid-protein soyameal at $247 a tonne cost and freight, traders said.
Domestic soyameal, a key feed ingredient, was down 0.20 baht a kg at 11.55-11.60 baht on Tuesday from a week amid slow demand, traders said.
Thailand, the world's fourth biggest chicken exporter before bird flu struck in late 2003, said this week there had been unusual deaths among chicken and fighting cocks in two areas, one in the north and the other in the northeast.
Samples from the latest recurrence were being tested for the H5N1 virus, according to the Agriculture Ministry's Web site at www.dld.go.th.
Twelve Thais have died of bird flu, but there have been no reports of human infections in the country since last October.
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