Inside Feed
Feed market not by the way due to lockdown
Stability wins the battle, that seems to have been the motto of the feed market in recent weeks. Another week of rest. Periodically not a crazy sensation, as the holidays generally do not bring exciting changes.
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Nothing has changed compared to last week. Prices remain the same and supply and demand remains stable for most products. Silage maize and grass silage are still in demand, but the supply may or may not match this. This keeps prices high at the same level of €70 per tonne for silage maize and €60 per tonne for silage. As spring approaches, traders expect things to come back to life on these markets, but for now it remains quiet.
Straw prices also remain stable, something that traders believe will likely remain the case until spring. The supply is still sufficient to meet the demand. The price for both wheat straw and barley straw remains at €135 per tonne, which is not a crazy price for this time of year.
High prices
Speaking of a brewery, spent grain remains stable for the fourth week in a row at €2,90 per percent dry matter. In the south the price can be around €2,80, while livestock farmers in the north can reach €3,00 per percent dry matter due to transport costs. For now, little seems to have changed on the spent grain market. The supply is drying up due to brewing stops and the upcoming Christmas holidays that are accompanied by closed catering establishments. Demand remains stable, which keeps the price high.
The price of meadow hay also remains high at €200. In mid-2019, the high price of almost €250 per tonne fell from its throne. Since then, the price level has been steadily building up again, but has not managed to reach the peak of over €200 again. Until the end of the year, traders expect the price to remain virtually stable, although the question is what will happen next. No one dares to make any statements about that yet.
Limited offer
The supply remains limited for feed potatoes and grass seed hay types. Little is being released for potatoes, while demand is tame but stable. The price therefore remains at €40 per tonne. In the grass seed hay, red fescue and meadow meadow are still trading stable at €150 per tonne and tall fescue and perennial ryegrass are holding steady at €140 per tonne. Traders indicate that prices are difficult to estimate due to the limited supply and minimal demand.