Feed market outlook* – Feb 2017

First published:

Length: 100 words; <1 minutes

Soyabean crop harvest image

Feed market volatility means greater risk and strong demand for best value feeds, but potential record yields in key growing regions could ease future prices.

The Brazilian soyabean harvest is nearing completion, with the Argentinean harvest due to start soon. Potential record crops mean some easing of prices is possible in the coming months, but adverse weather could still damage crop volumes and quality.

Sterling’s low value continues to increase demand for UK cereal exports, putting pressure on energy feed prices. As a result, there’s good interest in best value alternative feeds such as SweetStarch and SugaRich Dairy and Traffordgold.

“Feed market volatility means…strong demand for best value feeds…”

Key facts & figures:

  • Brazilian soyabean harvest could hit a record 104 million tonnes (mt)

  • Summer soyabean meal contracts have risen £20-30/t since December

  • UK energy feed supply tightening as UK cereal exports rise

  • Forward contracts important for managing risk and to lock in a fixed price

  • ReguPro 50 liquid a good value alternative to high-priced rapemeal

  • Summer soya hulls at £130-140/t offer great value for digestible fibre

* Prices correct at the time of writing and subject to change. Unless otherwise stated, all prices quoted are for 29t tipped bulk loads delivered on-farm within 50 miles of origin.

Links to feed information:

For more information:

Share this article: