Feed Outlook* – Sep 2017

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Length: 109 words; <1 minutes

Pouring wheat grain image

A bumper Russian wheat harvest has pushed energy feed prices lower, but US wheat quality issues and a poor Australian crop may cause prices to rally.

UK prices are likely to remain firmer than elsewhere due to a weak Sterling and tightness between domestic supply and demand. Look for opportunities to buy as the market settles.

Protein market focus is on approaching North American soyabean harvest. Global soyabean stocks mean that the pressure on protein feed prices is still downwards.

Fat prices are expected to firm, however, and with high C-16 fats like Butterfat Extra a priority for many to retain milk quality, it’s worth checking winter cover now.

“A bumper Russian wheat harvest has pushed energy feed prices lower…”

Key facts & figures:

  • Russian wheat crop 21% higher than last year’s, record 72.5mt1 crop

  • Many alternative energy feeds still better value than rolled cereals

  • SugaRich Dairy offers 6-13% more energy for a similar delivered price or less

  • Molasses-based liquid feeds like Molale down £8-10/t for the winter

  • For protein, British wheat distillers’ feed continues to remain competitive

  • Rising fat prices mean even greater savings from switching to OptiPartum-C

1 Million tonnes

* 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.

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