# Feed sector Belgium sounds the alarm about wheat rally - News Feed | Boerenbusiness. Nl

> 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.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/44172-feed-sector-belgium-sounds-the-alarm-about-wheat-rally-news-feed-boerenbusiness
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Methionine](https://feedsoft.ai/c/METH.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- METH: bullish ▲
- WHEAT: bullish ▲
- EURUSD: bearish ▼
- CANMEAL: bullish ▲

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/granen-grondstof/artikel/10895340/voersector-belgi-luidt-noodklok-om-tarwerally

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