The prices of the different types of beef chunks remained stable for the month of November for the first time in a long time, according to the latest figures from Wageningen Economic Research. What does the Compound Feed Price Indicator expect from Boerenbusiness for the coming period?
The price of silage maize core chunks fell by €0,15 in November to €32,25 per 100 kilos, making the product the only a decrease put away. That is considerably lower than last year, when this product was listed at €33,85 in November. The price of beef bull chunks remains at €24,35 per 100 kilos and is approximately €1,50 lower than last year. The quotation for pink calf chunks also remains unchanged and is listed at €26,30 for the second week in a row. This is also €1,50 lower than last year.
For standard chunk A, the price in November is €23,05 per 100 kilos. This is €1 less than last year, but approximately €1,50 more than the 5-year average. The year 2018 was therefore exceptional in terms of price levels. The price of protein-rich chunk B remains at €25,35 per 100 kilos, which is approximately €1 higher than the 5-year average. Here too, the price was considerably higher in 2018, namely €26,80 per 100 kilos.
More expensive raw materials
The fact that the downward trend has been temporarily broken is partly because the majority of the chunks are currently composed on the basis of palm kernel flakes and soy hulls. Since there is a limited supply of those 2 raw materials, the price has risen slightly in recent weeks. As a result, production costs increase. In contrast, the Compound feed price indicator van Boerenbusiness However, the decline will resume in a relatively short period of time.
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