Sentiment in the feed market has completely turned around. All the commotion surrounding straw prices has leveled off and the price of spent grain prices also remains unchanged. Rust keeps the market in its grip. The outlook also varies little, traders report today.
Feed potatoes are the only product that breaks away from stability. Due to the corona crisis, more potatoes are available than is normally the case. As a result, the ample supply has exceeded demand, causing a price drop. The price now averages €30 per tonne (free of charge). This makes the price considerably lower than the €45 of the same week last year.
beer grain
After 2 weeks of increases, the price of spent grain has stabilized at an average of €2,70 per percent dry matter. The price continues to vary between north and south at €2,85 and €2,70 respectively. In some places it is still offered for €2,60. It remains to be seen what the coming weeks will bring, breweries are already at a standstill and the rest are running far from optimally. As long as the catering industry keeps its doors closed, the supply will of course decrease. There is therefore a chance that the price will rise further.
Straw prices stable again
Like last week Straw prices remain stable. The buzz about a possible price increase does indeed seem to be a rumor that can be described as 'scaremongering'. It turns out to be true that it is not always easy to find drivers in France, but otherwise transport encounters few problems. In addition, Dutch demand has leveled off somewhat, so that leveling off supply does not immediately put pressure on prices.
However, compared to last year, prices are quite low. Straw prices have now been stable at €15 per tonne (free of charge) for 100 weeks. Normally wheat and barley straw sometimes show a minimal difference, but this is also not the case. In 2019, both straw prices were still €135 per tonne.
Silage grass and silage maize still depend on quality
The prices of silage grass and silage maize also remain stable this week. The demand for silage maize appears to be declining slightly, but this has no influence on the average price of €70 per tonne (free of charge). The demand that still exists remains mainly focused on better quality products.
The demand for silage remains clearly present. More and more dairy farmers are faced with silos that are becoming empty. Although the grass is growing and some farmers have already mowed, not all dairy farmers can benefit from this. However, demand has not yet caused a price change. The price remains stable at an average of €60 per tonne. The question is aimed at spring silage grass. The autumn pits remain undisturbed.
Demand for grasses is not increasing
The price of grasses is also not taking an unexpected turn this week. Pasture hay is holding at €180 per tonne and perennial ryegrass is holding at an average of €120 per tonne. Root fescue, tall fescue and meadow meadow remain at €150, €130 and €135 per tonne respectively.