Inside Enter
Price corrections knock on the feed market
After several weeks of stable quotations on the feed market, some price corrections will be made this week for straw and silage maize, among other things. With other products it messes up a bit, but nothing happens yet. What about the offer this week?
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This week the straw price is the first to receive a correction of €5 per tonne in favor of the livestock farmer. Most loads are delivered for an average of €130 per tonne. The offering remains moderate, but does not disappoint for now. The question fits in well with that. The calm has probably allowed the price to come back somewhat, although traders indicate that they are not sure about how long this will last.
Step up
The supply of silage maize is again moderate now that almost all new maize has been harvested and sold where possible. All the corn being traded now is mainly older corn pits. This causes the price to rise again and back to the level before the corn harvest of €70 per tonne.
Compared to the previous 2 years, the timing of the price increase is the same, although the corn is considerably more expensive than last year. The trade estimates that this is due to the drought and the previously limited supply coming onto the market.
The price of meadow hay also increased by €10 per tonne to €200 per tonne delivered to the farmer. The supply remains a bit stiff here and there, while the demand is there. In addition, the prices of perennial ryegrass and red fescue have also increased from €10 per tonne to €140 and €150 per tonne respectively (free of charge). Prices have been unclear for several weeks given the limited supply and varying demand. There are still no clear prices given for meadow meadow and tall fescue.
Limited offer
There is still a limited supply of silage grass and feed potatoes. Traders are still unable to provide a clear price indication for silage, which on average is again around €65 per tonne this week. This is based on a desirable dry matter percentage and associated dry matter prices.
The feed potatoes are released here and there, but the supply remains limited. The price remains at €40 per tonne, relatively high compared to last year's price. The price of spent grains also remains at an average of €2,70, although it is wavering somewhat due to strong demand and limited supply.
Looking at raw material prices, protein-rich products such as soy are skyrocketing. Usually, the price of protein-related by-products follows the same trend.