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Feed market just won't get going

1 October 2019 - Kimberly Bakker

There is little exciting happening on the feed market and, according to the various forage traders, that means that price movements are once again scarce. In addition, they report that the maize trade could be over in 2 weeks.

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While the trade in silage maize is usually in full bloom at this time of year, there is surprisingly little trade in this product this year. According to the traders, not only is the demand limited, but the supply is also nothing to write home about. In addition, it is reported that a lot of product is traded among each other and not so much through (forage) traders.

The above ensures that the price for silage maize this week remains at €55 per tonne, free of charge. In other words: approximately €1,60 per percent dry matter. This is slightly less than last year was paid during this period, because the price then amounted to €60 per tonne, free of charge. The trade in silage maize is expected to be over in about 2 weeks, which means that it has gone very quickly this year.

Beer spent grains do go up
Although the spent grain market feels similar to last week, the price is still showing a significant increase. This week it will increase by €0,15 to €2,50 per percent dry matter, which means the quotation for the third week takes a step up in a row. This is mainly because demand has also increased this week.

The price of straw (both wheat and barley straw) is also rising this week. The price increases by €5 to €105 per tonne, free of charge. Potato products also remain very popular, although the supply is scarce. Some potato fibers are expected from France next week, which could bring some relief, especially to farmers in the south.

Low in stock
What also strikes traders is the fact that livestock farmers are already tapping into the roughage supply here and there. The stock they had built up in previous years was largely used last year. As a result, many farmers started building up a stock again at the beginning of 2019. Now that fall is here and winter is on its way, it appears that this not so spacious is what most would have wanted. There are certainly no surpluses.

All prices and changes can be found here.

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