Falling pellet prices are heading for stabilization

The price of pork feed fell by €2,50 last month to €270,50 per tonne. This price drop was slightly less pronounced than the previous month. The price of standard A feed fell by €2 in November to €291,50 per tonne. Figures from Wageningen Social & Economic Research (WSER) also show that prices of other cattle and pig feeds have also decreased. Only B feed increased slightly.

Wheat surplus on world market
The prices of grain are benefiting from the large grain stocks worldwide. The London International IGC grain council Last month, the global wheat harvest estimate for next year was raised to 830 million tons, thanks in part to good harvests in Canada and Australia. Consumption is 819 million tons, indicating a surplus. Market data suggests feed companies will have little difficulty securing wheat.

In terms of energy component, the supply of soybean hulls is tight. Consequently, rapeseed meal is increasingly being used. Large volumes are shipped from Canada to Europe because the country cannot export effectively to the US.

Barley and wheat equally expensive
On the Paris Matif exchange, wheat is currently fluctuating around €190 per tonne. Neither large price drops nor increases are likely. Barley supply is relatively tighter, as Europe has already exported a significant amount. In the physical market, feed wheat and barley prices are now virtually the same, at €205 per tonne. Barley is normally often €10 cheaper. In recent weeks, physical market prices have risen slightly, leaving little room for further price drops in compound feed in the coming months. 

Insiders expect feed prices to stagnate in the first few months of 2026. Despite slightly higher costs, price increases are unlikely. Feed companies' margins are generally good, and competition in the Dutch market is fierce due to the shrinking livestock population.