There was more demand for roughage again this week. As a result, the prices of, among other things, brewer's grains and meadow hay have risen slightly further. On the other hand, the price of straw is under pressure. Is a price drop imminent?
Forage traders report that there is more demand for it again this week roughage and spent grain is especially popular. As a result, waiting times for this product have increased further, even though the supply was already not large. This causes the price to rise by €0,15 this week to €2,70 per percent dry matter. The price is therefore at the same level as last year. In addition, it is expected that prices could rise even further. This is because several factories have planned stops towards the end of the year.
Cutting maize further up
The price of silage maize is also rising sharply this week. As a result of the limited supply of good quality, the price has risen by €7 to €75 per tonne, free of charge. It should be noted that this is a product with high levels. Slightly inferior quality is sold on average for €65 to €68 per ton, free of charge. The price for meadow hay increases by €10 to €170 per tonne free at farm. This is mainly a result of the increase in demand and unchanged supply. The price is still lower than in previous years.
The price of straw on the other hand, is under pressure due to increased demand. However, it is still too early to draw any conclusions (about a possible shortage), as it will take at least six months before the new harvest appears. The price therefore remains stable at €105 per tonne free at the farm (both wheat and barley straw). It should be noted that this price occurs most often in the center of the country. In the south of the country, €100 is paid more quickly and in the north €110 per tonne is paid slightly more often, free of charge. This has everything to do with the transport distance.
Stable markets, little supply
As far as other roughage products are concerned, the forage traders are clear: little supply, little demand. The price for perennial ryegrass therefore remains stable again this week at €110 per tonne, delivered to the farm. Veldbeemd is still listed at €135 per tonne, tall fescue is at €130 per tonne and red fescue remains stable at €150 per tonne free of charge. There is also less demand for potatoes this week.
In general, traders expect that the feed market may pick up somewhat towards the end of the year. This is because the allowances are then applied and milk prices are now rising again. In other words: (dairy) farmers have a little more to spend during this period of the year.
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