Inside: Feed market
Price meat pig chunk remains stable
The price of fattening pig chunks shows a slight decrease over June. The new Compound Feed Price Indicator from Boerenbusiness predicts that the price will be price-holding in the coming months. Other pig feeds are also slightly lower in June.
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Choose the subscription that suits youA slight price drop is expected from September. It must be stated that feed raw material prices are in an uncertain period during the growing season in the US and Europe. This is due to the weather influences.
How does the Compound Feed Price Indicator work?
In the compound feed price indicator, the current price level is set at 100 points. The forecast predicts the expected price movement in deviating index points. For September this means a percentage price decrease of 0,55% compared to the price level in June. In January, for example, the price level of pork chunks was below the June price level (see graph). The price was then set at €23,30 per 100 kilos. The compound feed price indicator is exclusively for subscribers of Boerenbusiness readily available.
The graph shows the price of pork chunks, including the expected forecast.
Also down sow pellets
Sow pellet lakto also fell by €0,05 in June to €27,95 per 100 kilos. Sow pellet pregnancy remained stuck at €23,25 per 100 kilos. The price of starting/transition pellets drops by a penny to €27,50 per 100 kilos. The price of baby piglet coral remains unchanged in June at €34,60 per 100 kilos.