A-brok has reached peak for now

The price of standard chunk A increases by €0,15 to €21,30 per 100 kilos. This means that the quotation has probably reached a temporary high, as the compound feed price indicator predicts a leveling off trend in the short term. The revival dates back to October last year. Since then the price has increased by €0,50.

Dominance components in A-kibble are palm kernel flakes, wheat and barley. The price of wheat and barley has mainly been on the rise since September. For example, EU feed barley (Rotterdam) increased by more than €12 to €168 per tonne between September and December. EU feed wheat also increased during that period; by €10 to €174 per 100 kilos. This move stimulates the rising feed market between October and January. 

Flattening coming
Even though the increase in January was greater than the Compound feed price indicator predicted, it is expected that bulk prices will level off. The price development over the next 6 months is referred to as 'price-bearing'. This is because the global grain markets (such as wheat en corn) feel fundamentally weak, because of the record high inventories.

Other cattle feeds also increased in January. For example, the price of protein-rich chunks at €0,30 is €24,10 per 100 kilos. The same price increase applies to silage maize core chunks up to €30,65 per 100 kilos. Rose calf chunks increased by €0,10 to €25,50 per 100 kilos, while beef bull chunks increased by €0,15 to €23,60 per 100 kilos.

The price of A-brok recorded the highest level since August 2015 in January.