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Thailand feed-grade cassava and corn cost

Cassava ~THB 2,600/t, Corn ~THB 10,800/t

As ofFY2024 average ex-mill·Sources3·Primary

Thailand feed-grade cassava chip prices ran approximately THB 2,500-2,800 per tonne ex-mill in 2024, while feed-grade yellow corn cleared at roughly THB 10,400-11,200 per tonne per OAE weekly bulletins and TFMA procurement tracking. Cassava prices have softened from the 2022 peak (~THB 3,400 per tonne) on China sago-starch demand normalising; corn firmed on 2023 La Nina drought pressure plus elevated freight from Argentina and Brazil origin. The cassava-corn ratio drives Thai feed formulators' carbohydrate-source switching decisions; cassava commands a ~25-30% energy discount versus corn on a metabolisable-energy basis. Soybean meal protein-source prices ran THB 17,500-19,500 per tonne.

Figure in context

Thailand feed-grade cassava chip prices ran approximately THB 2,500-2,800 per tonne ex-mill in 2024, while feed-grade yellow corn cleared at roughly THB 10,400-11,200 per tonne per OAE weekly bulletins and TFMA procurement tracking. Cassava prices have softened from the 2022 peak (~THB 3,400 per tonne) on China sago-starch demand normalising; corn firmed on 2023 La Nina drought pressure plus elevated freight from Argentina and Brazil origin. The cassava-corn ratio drives Thai feed formulators' carbohydrate-source switching decisions; cassava commands a ~25-30% energy discount versus corn on a metabolisable-energy basis. Soybean meal protein-source prices ran THB 17,500-19,500 per tonne.

Thailand feed-grade cassava chip prices ran approximately THB 2,500-2,800 per tonne ex-mill in 2024, while feed-grade yellow corn cleared at roughly THB 10,400-11,200 per tonne per OAE weekly bulletins and TFMA procurement tracking. Cassava prices have softened from the 2022 peak (~THB 3,400 per tonne) on China sago-starch demand normalising; corn firmed on 2023 La Nina drought pressure plus elevated freight from Argentina and Brazil origin. The cassava-corn ratio drives Thai feed formulators' carbohydrate-source switching decisions; cassava commands a ~25-30% energy discount versus corn on a metabolisable-energy basis. Soybean meal protein-source prices ran THB 17,500-19,500 per tonne.

Time scope

FY2024 average ex-mill

Source basis

Primary source

Interpretation notes

What this tells you

Thailand feed-grade cassava chip prices ran approximately THB 2,500-2,800 per tonne ex-mill in 2024, while feed-grade yellow corn cleared at roughly THB 10,400-11,200 per tonne per OAE weekly bulletins and TFMA procurement tracking. Cassava prices have softened from the 2022 peak (~THB 3,400 per tonne) on China sago-starch demand normalising; corn firmed on 2023 La Nina drought pressure plus elevated freight from Argentina and Brazil origin. The cassava-corn ratio drives Thai feed formulators' carbohydrate-source switching decisions; cassava commands a ~25-30% energy discount versus corn on a metabolisable-energy basis. Soybean meal protein-source prices ran THB 17,500-19,500 per tonne.

What not to do with it

Ex-mill landed cost. Cassava priced as feed-grade chip, corn as yellow corn no.2 spec. Bulk procurement contracts price 3-5% below the spot benchmark.

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Thailand feed-grade cassava and corn cost · Insight