Inside: Pigs & Feed
Pig feed market is starting to relax
Once again, pork chunk prices take a step up. The quotations on the feed market in April are between 100 and 5 cents per 15 kilos plus. The positive exceptions are baby piglet pellets and fattening pig chunks. Because they don't move.
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Figures from Wageningen Economic Research (WUR) show that sow farmers saw feed prices rise for the fifth month in a row in April. The price of sow fodder pregnancy increased by 23,35 per 100 kilos. Sow chunk lakto predominates in April by rising by 15 cents to 28,10 euros.
23,70
euro
Starter/transition grain has a minimum increase of 5 cents and amounts to 27,65 euros per 100 kilos. A boost is the constant price of 34,65 euros for baby piglet pellets. This is still the highest level since February last year. The price of pork chunks is also unchanged.
Strained commodity prices
Based on the declining commodity prices of wheat, corn and soy, it was expected that the feed market could stabilize this summer. The somewhat leveling off of feed prices in April predicts this stabilization.
However, the wheat price on the Matif has resumed its upward trend. This is the result of drought in the French grain areas. As a result, the Matif is betting on significantly higher prices on Tuesday, May 2, to above 170 euros per tonne. In America, wheat actually suffers from a... surplus of water, which also drives up prices.
Corn, listed on CBOT in Chicago, responds to seeding delay. On Monday, May 1, the quotation rose by 5 dollars to a total of 145,37 euros per tonne. Soy also rose by $5 on Monday to a total of $532,37 per tonne. If rising raw material prices continue, this will logically have an impact on the feed market.
