The increase in lump prices will also continue in March through z. According to the figures from Wageningen Economic Research. Soy, in particular, an important raw material for many chunks, has become more expensive in the past month. Corn has been stable on the CBoT so far in March and wheat has fallen in price.
Bulk prices still remain below the record levels of 2013, but are significantly higher across the board than in recent years. Pork chunks became €0,70 more expensive in March and now cost €26,95 per 100 kilos. Sow pellet pregnancy has increased in price by €0,60 and is trading at €27,90 per 100 kilos. Sow chunk lakto is in between in terms of price increase with €0,65 and amounts to €32,25 per 100 kilos. Baby piglet pellets have risen less rapidly by €0,50 and cost €38,30 per 100 kilos.
Standard chunk A has risen to €26,30 per 100 kilos. In February that was still €25,80 per 100 kilos. Protein-rich chunk B has also become €0,55 more expensive and is now listed at €28,70. Cutting maize core chunks for March amount to €38,65 per 100 kilos.
Price increases continue
The increase in bulk prices does not appear to have come to an end yet. The Boerenbusiness Compound feed price indicator predicts a further increase. Latin America is still experiencing wet weather conditions, which is preventing the harvest from going smoothly. In addition, the sugar cane harvest will start soon. This creates extra crowds in the port, which can make the export of soy more difficult.
Not only are the prices of raw materials rising, fertilizer and energy are also becoming more expensive. This causes a significant increase in the cost price in livestock farming. The English AHDB (part of the Ministry of Agriculture) calculated that costs in the English pig farming industry will increase by 2021% in 68 compared to 2020. This increase is mainly caused by high feed prices. In dairy farming the increase is less, but still significant at 35%.