Silage maize is and remains an interesting market with unexpected twists. The demand is still lagging behind and it is a bit of a guess what the reason is. By-products are easily finding their way and especially the covering products are in demand. Furthermore, it is mainly the permanent work that continues.
Silage maize has been in higher demand at this time of year. Prices for maize on the stem are really going in all directions. One person asks around €1.500 for reasonably good maize while another asks up to €3.000. The region and how well (evenly) the maize is growing determines the price. Most trade is done towards the lower end of the price range.
According to various traders, the trade in chopped maize is rather tame. In addition to the relatively high price (it is still a drain on the bank account), buyers are also wary of the quality. In the meantime, the later sown plots remain and even though the mass seems to be there, it is ultimately about the cob. It is not certain that it is well developed everywhere. Some buyers therefore have doubts about the feed value. The DCA Indicative Price for silage maize nevertheless remains stable at €70 per tonne.
In the by-products, it is mainly the covering for over the corn that is very sought after. Other products such as potato chips, wheat yeast concentrate and brewers grains are also selling well, but here the market is more balanced. The DCA Indicative Price for brewers grains remains the same at €3,45 per percent dry matter. Demand is good and supply is not completely over the top in comparison. Feed potatoes are hard to come by. The DCA Indicative Price nevertheless remains the same at €50 per tonne.
The DCA Indicative Price for wheat and barley straw remains the same this week at €170 per tonne. It is not the busiest time of the year. French arable farmers are keeping their barns closed. They seem to be taking a chance that prices can rise even further later in the season.
There is little trade in grass seed hay. A small load goes out now and then, but that's about it, according to a forage trader. The supply of grass seed hay is also limited. According to traders, buyers now know that the supply of grass seed hay is minimal. Prices remain relatively high. The DCA Indicative Price for English ryegrass takes a step back to €180 per tonne.
The DCA Indicative Price for silage grass remains stable at €85 per ton for good grass. Traders react differently about silage grass. According to one, there would be little demand, but the supply is also not that great. Another indicates that the regular addresses continue to have demand for silage grass. Yet another indicates that there is a lot of supply, but the demand is low.
The DCA Indicative Price for meadow hay remains the same this week at €195 per ton. The trade is relatively quiet. The supply is supposed to be there, but the farmer is not keen on it.