Has straw price started a free fall?

The straw price fell last week with €5 to €140 per tonne free at farm. This week the price drops in the same order of magnitude to €135 per tonne free at farm. According to the forage traders, this is mainly because more supply has become available, while demand has actually decreased slightly. It is even expected that the price could fall even further in the coming weeks, provided that the sentiment remains the same on the market.

The straw price is not the only price that has succumbed to the pressure, because the price for spent grain has also fallen. The price will drop this week by €0,05 to €2,55 per percent dry matter. There is little demand for the product, while the supply has been stable for some time.

Balance in supply and demand
This applies to the other products the trade is mainly fueled by a balance between supply and demand. As a result, the price of meadow hay is still €240 per tonne free of charge and the price for silage maize remains stable at €60 per tonne free of charge. The price for this product previously showed a decrease of €5.

The price for both red fescue and tall fescue remains stable at €170 per tonne free of charge, while meadow meadow is once again recording €155 per tonne free of charge this week. Perennial ryegrass is still trading at €160 per tonne free of charge, which is considerably higher than in other years. In 2017 and 2018, the price was around €120 to €130 per tonne, free of charge.

Silage grass is also selling at €60 per tonne free of charge this week, where quality is very important. Forage traders indicate that the price may be higher or lower, depending on the quality. The price for feed potatoes is still set at €45 per ton, free of charge.

Want to see all prices at a glance? Check it out the odds page.