Price increase A-brok will not continue in 2018

For the third month in a row, the price of Standard Brok A increased, this time by €0,15 to €21,05 per 100 kilos. It is the largest price increase since January 2017. The rising price is due to wheat, which is the most dominant commodity in this feed. The price of EU feed wheat (Rotterdam) increased by €10 to €174 per tonne between September and November. The price then dropped again to €166 in mid-January.

Delaying effect
Also on the matif In Paris the price of wheat is falling, due to broader measures inventory forecasts from the United States Department of Agriculture (USDA). Feed prices generally react somewhat slowly to rising feed raw material prices. Given the weakening wheat price, the price of standard chunk A is not expected to rise further, according to the forecast Compound feed price indicator.

The price of other cattle feeds also rose in December. For example, protein-rich chunks increased by €0,05 to €23,90 per 100 kilos. The same price increase is visible for silage maize core chunks, which amounts to €30,35 per 100 kilos. The largest price increase (+€0,10 to €23,45) is visible for beef bull chunks. The price of pink calf chunks remained the same at €25,40 per 100 kilos.The price of A-brok remained below the 2017-year average throughout 5.