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Feed market does not record a shocking change

25 February 2020 - Jorine Cosse

The prospects show a ray of hope, but action is not yet being followed. The feed market has not registered any shocking changes this week either. Traders describe the market as stable for the umpteenth week in a row.

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The silage grass sets the tone this week. Not so much because the price is already showing a change, but because demand is picking up. The supply is limited. There is grass silage available, but these are mainly silages of lower quality. High quality silage is difficult to find. This leaves the price stable at a high €60 per tonne (free of charge). 

The demand for other grasses is also increasing slightly. Everything is quality dependent. On average, more is paid for German or French herbal hay (+/- €190) than for Dutch hay (+/- €140). The average meadow hay price this week is €170 per tonne, because demand is mainly focused on high quality. Perennial ryegrass recorded a small increase this week to €120 and suffers from the same supply-demand ratio as silage grass and meadow hay. The other grasses remain stable.

Stability prevails
Maize is still in the same vicious circle: there is a demand for a quality product, but little of it is available. You have to look for good parties and the price is therefore extremely dependent on quality. While 'bad' lots are around €64, high-quality lots range up to €72,50. On average, the price remains stable at €70.

Straw and beer brush prices will continue at the same level this month. Straw still sells for an average of €100 per tonne and the beer brush price generally varies from €2,50 (south) to €2,65 (north) per percent dry matter.

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