Emotion ebbs away from the feed market

While there was some fear for a while that there might be a period in which feed was insufficiently available, that fear seems to have diminished somewhat. Although there is still a lot of uncertainty, it seems that at least enough feed will be available in the short term. This ensures a little more calm in the market. Buyers seem to show less hoarding behavior and, according to traders, are adopting a more 'we'll see how it goes' attitude.

Prices stable
The situation is not leading to falling prices for the time being, certainly because a lot of product is still in good demand. For example, the supply of silage maize is still not great and there is good demand from livestock farmers and biomass plants. The indication prices remain stable at €77,50 per tonne. Silage was also in good demand recently and is stable at the high level of €72,50.

The indication prices for other roughage feeders also remain stable. Straw remains at €132,50 per tonne, meadow hay at €185 per tonne, swish at €145 per tonne and perennial ryegrass at €130 per tonne.

By-products remain in high demand
The price for spent grains also remains stable this week. After a considerable period in which the increases were strung together, the indication price now remains at € 3,55 per percent dry matter. The demand for the product continues to be good. Potato by-products have also increased significantly in price in the past week. Although the supply was certainly there recently, the demand rose even faster. Livestock farmers calculate with the rations and potato by-products, given the high wheat and maize prices, it appears to be a good energy alternative.