Wheat, maize and soy prices peaked at the beginning of May. The prices of these raw materials have now fallen again, but the high prices do affect the lump prices. These have increased further this month, according to figures from Wageningen Economic Research.
Pork chunks have become €0,40 more expensive this month compared to April. The price for pork chunks therefore amounts to €27,85 per 100 kilos. That is 9% more expensive compared to January. Sow pellet pregnancy has also become €0,40 more expensive compared to April and now costs €28,85 per 100 kilos. Sow pellet lakto and starter/transition pellet have even increased in price by €0,55 and are now €33,35 and €32,25 per 100 kilos respectively. Baby piglet pellet now costs €39,20 per 100 kilos, a price increase of €0,45.
The price of cattle chunks has risen further, just like pork chunks. Standard chunk A and Protein-rich chunk (B) are both €0,50 more expensive than a month earlier and amount to €27,35 and €29,75 per 100 kilos respectively. Silage maize core chunks were an exception in April and recorded stable results. For this month of May, it is the strongest increase compared to the past month, at €1,05. This means that silage maize core chunks cost €39,70 per 100 kilos.
The peak seems to have been reached for the time being
De Boerenbusiness Compound feed price indicator expects chunk prices to drop slightly in June. In recent years, chunk prices have also fallen in that month and this year seems to be no exception. A drop in prices is also in line with the picture of declining prices on the American and French grain exchanges.
The grains are doing well in large parts of Europe, Russia and America, according to, among others, the American USDA and the European JRC-MARS institute. The sowing of corn and soy in the US has gone reasonably well. The start of these crops is generally good. Various analysts therefore expect that grain prices have reached their provisional peak.
A number of comments are made in this regard. The season for corn and soy has only just started. Although the start is good, the weather in the summer makes or breaks the yield of these crops. And what will China do? The extra demand from that country has partly contributed to the high grain prices in recent months. But the behavior of Chinese buyers is difficult to predict.