Inside Feed

Feed market depending on dry period

June 26, 2018 - Kimberly Bakker

Trade on the feed market depends on a possible dry period. It is still very calm at the moment, but if the drought continues, this sentiment could suddenly change. There is also little trade in new crops.

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The majority of livestock farmers still show one wait and see attitude on the feed market. According to various traders, there may be several reasons for this. For example, dairy farmers may keep fewer cattle, which means they also need less feed.

However, someone else says that dairy farmers are waiting until prices drop again. Anyway; it's for the forage traders waiting to see when trading gets going again. Everyone is convinced that a long dry period can accelerate this process.

Gradual trade in new harvest
The above means that feed prices across the board stable to stay. This means that straw (both barley and wheat straw) is still traded for €160 per tonne, free of charge. On the other hand, new harvests are already being traded sparingly, with a price range of €110 to €130 per ton, free of charge, being quoted.

Also in meadow hay New harvest is occasionally traded. However, a clear distinction is made here between meadow hay from nature and from the second cut, with the second variant being more popular among dairy farmers. A price of €150 per tonne free at the farm is quoted for the new harvest.

However, there is very little trade in product from the new harvest, so most of it trades at the price of the old harvest. That price works out to €180 per tonne, free of charge.

(Text continues below the chart)The price for meadow hay showed a decline, but has now been stable for 3 weeks in a row.

Stable market
As mentioned earlier, prices are not showing any signs of moving yet. This means that the price of silage maize remains at €53 per tonne, free of charge. However, a number of traders indicate that there is slightly more demand for corn, partly due to the drought.

The price of perennial ryegrass remains at €130 per tonne free of charge and the price of silage is €50 per tonne free of charge. The price of spent grain has fallen in recent weeks, but is now stabilizing at €1,80 per percent dry matter.

The price of feed potatoes has also been stable for a number of weeks, and is trading at €22,50 per tonne, free of charge. Red fescue, tall fescue and meadow meadow were sold out, which means that the price remains at €170, €150 and €150 per tonne, free of charge, respectively.

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