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The Belgian Feed Association warned of extreme feed price increases caused by an overstretched raw materials market. Matif wheat has risen €120 per tonne since September and passed €300 per tonne earlier in November.
Linseed, rapeseed meal, amino acids and vitamins have also become very expensive, and availability is tight.
Wheat above €300/t and rising rapeseed meal costs raise compound feed costs, with the weak euro and biodiesel demand adding to pressure on European and imported feed ingredients.
en.boerenbusiness.nlWouter BaanNov 23, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
