Grain prices have taken a step back in recent weeks, after the records in the second half of November. Is there something to notice in the lump prices?
Brok remains very well priced and that will not change this month, according to figures published by Wageningen Economic Research. In fact; across the board (despite corrections in the grain markets) prices have risen even further.
Biggest risers in pork chunks
Baby piglet pellets have risen the fastest among pig chunks. The price for December is €42,60 per 100 kilos. That is a plus of no less than €1,30 compared to November. This is followed by a start/transition grain. That product has become €1,20 more expensive, bringing it to €35,20 per 100 kilos. Sow pellet pregnancy and lakto this month amount to €31,65 per 100 kilos and €36,25 per 100 kilos respectively. That is a price increase of €1,05. Meat pork chunks stand at €30,65 per 100 kilos, or an increase of €1,15 compared to a month ago.
Beef chunks have also become more expensive, although the price increase is slightly less extreme than for pork chunks. Standard chunk A and protein-rich chunk B have become €0,50 more expensive. This means that chunk A amounts to €29,60 per 100 kilos and protein-rich chunk B to €31,55 per 100 kilos. Rose clover chunk and Vleesstierenbrok stand at €33,55 per 100 kilos and €30,90 per 100 kilos this month. That is €0,65 more than a month ago. Corn kernel chunks have become €0,70 more expensive, which amounts to €41,15 per 100 kilos.
A price drop does not seem likely
De Boerenbusiness Compound feed price indicator predicts that chunk prices will rise further in the coming months. Given the developments on the grain market, this may well be true. After the dip in wheat and corn prices in the first half of this month, prices have been on the rise again in recent days.
Prices at this time of year are mainly determined by the harvest in Australia and the weather in South America, where soy is in full growth. Conditions are opposite in the Southern Hemisphere. Brazil is struggling with drought in the growing season, while the harvest in Australia appears to be good in terms of yield. Quality is an issue there, but that does not necessarily have to be unfavorable for the feed market.