Inside Feed
Increasing chance that feed prices will fall
Various forage traders report that trade in the feed market is progressing steadily, with supply and demand being in balance for weeks. However, this also increases the chance that prices will fall in the short term.
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Choose the subscription that suits youAccording to various Dutch forage traders, there were again last week no price changes communicated. The demand is formed by the regular customers, while the supply is also not large. These two things have been in balance for weeks, keeping the price at its current level.
Supply of straw
On the other hand, a number of traders report that they are cautiously inquiring about the possibilities of selling straw. This could cause supply to exceed demand in the short term, resulting in a falling price. This is not yet reflected in the price this week, because it remains at €145 per ton, free of charge.
The price of meadow hay remains stable again this week at €245 per tonne free at the farm, with the supply still (very) limited. Prices for perennial ryegrass and silage grass also remain stable this week, trading at €160 and €60 per tonne ex-farm respectively. For these products, the chance of the negative scenario (falling prices) is also greater than the chance of the positive scenario (rising prices).
More demand for silage maize
The only product for which there is clearly more demand is silage corn. Traders notice that the product is more popular among (dairy) farmers, but this does not immediately result in rising prices. It means that the price remains stable this week at €65 per tonne free at the farm. It is expected that the price of this product may increase in the long term.
While there is more demand for silage maize, demand for products such as red fescue, tall fescue and meadow meadow continues to decline. It ensures that prices remain stable this week at €170, €170 and €155 per tonne free at farm respectively. The price for feed potatoes remains at €45 per ton, free at the farm.
Beer spent grain stable again
The price of spent grain was the only one to show a decline last week. That trend has been reversed this week, as the price has managed to remain stable at that level. This results in an average price of €2,60 per percent dry matter. The price shows some variation within the Netherlands; For example, in the center of the country a price of €2,50 per percent dry matter is sometimes mentioned and in the south this can drop to €2,40 per percent dry matter.