Unlike grain prices - which reached a provisional high at the beginning of May - lump prices continue to rise. All beef and pork chunks have become more expensive in the past month.
This is evident from the monthly figures of Wageningen Economic Research. Standard chunk A has become €0,65 more expensive in a month and now costs €28 per 100 kilos. Protein-rich chunk (B) now costs €30,10 per 100 kilos. In May that was still €29,75 per 100 kilos. Cutting maize core chunks have risen by a quarter to €39,95 per 100 kilos. Beef bull chunks and pink calf chunks now cost €29 and €31,50 per 100 kilos respectively.
In terms of pig food, sow pregnancy food and baby piglet pellets have increased the most in price, each with €0,55 compared to a month earlier. Sow pellet pregnancy costs €29,40 and baby piglet pellets €39,75 per 100 kilos. Starter/transition pellet and pork chunks have both become €0,45 more expensive and now cost €32,70 and €28,30 per 100 kilos respectively. Sow pellet lakto is in between in terms of price increase with €0,50 and now stands at €33,85 per 100 kilos.
Further price increases in the offing
De Boerenbusiness Compound feed price indicator predicts that rising chunk prices are not over yet. Prices are not expected to stabilize until September. This could still change if the good harvest forecasts for grains in Europe are actually realised. The winter barley harvest will most likely start carefully next week in Germany and France. Then it becomes clear whether the forecasters are right.
For the time being, the markets are still mainly dictated by weather reports, stock analyzes and balance sheet figures. For example, reports earlier this week from the USDA about a relative limited acreage growth in the US and tight inventories immediately have a price-increasing effect on international quotations. This once again shows that the markets are still very volatile.