Pig feed price at highest point in 2 years

The price of pork chunks is up €0,35 to €24 per 100 kilos, the highest point since February 2016. compound feed price indicator also anticipates rising prices in the coming months. Until the month of August, an increase of about 4% can be expected, compared to the current price level. The reason for the increase comes from the raw materials angle.

Commodities continue to rise
The composition of pork chunks is mainly composed of barley, wheat and corn. These prices have risen considerably in recent months. For example, the price of EU feed barley (Rotterdam) has increased by €9 per tonne, while the EU corn price has increased by €12,50 to €181 per tonne. Wheat is also picking up and rose by €13 to €6 per tonne in 175 weeks. These price increases will probably have a slowing effect on bulk prices.

(Text continues below the chart)After a flat period (end of 2017), prices are now picking up. 

During the growing season the weather influences play more strongly. However, excessive price increases should not be expected. Without weather complications, the wheat price on the Matif is likely to move between €160 (lower limit) and €167 per tonne (upper limit). Given that European winter wheat appears to be of excellent quality, the supply later in the season is likely to have a price-decreasing effect rather than a price-increasing effect. However, the uncertainty factor is quite large.

Sow pellets also more expensive
The price of other pig feeds also increased in March. For example, the price of sow pellets increased by €0,30 to 23,85 per 100 kilos. The same increase applies to sow pellet lakto, which now costs €28,40 per 100 kilos. The price of baby piglet pellet will even increase by €0,40 to 35,05 per 100 kilos, while starting/transitional pellet will see a price increase from €0,30 to 27,95 per 100 kilos.