# Plenty of room for a firm correction of the compound feed price - Feed Market Analysis | Boerenbusiness. Nl

> Dutch compound feed prices fell in July, with fattening pig chunks down €1.10 to €42.90 per 100 kg. Wheat has traded below €350 per tonne for several weeks after peaking at €425 in mid-May, and the analyst expects further feed price corrections.

- Date: 2022-08-01 · published 2022-08-01T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/40156-plenty-of-room-for-a-firm-correction-of-the-compound-feed-price-feed-market
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower grain prices and easing feed costs point to softer compound feed prices for European livestock buyers, while drought in northwestern Europe offers some support to grain.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/varkens/artikel/10899833/veel-ruimte-voor-stevige-correctie-mengvoerprijs

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.