# Straight feed prices come under pressure - Farmers Weekly

> UK straight feed prices fell in the week to June 10, with maize gluten and whole maize delivered on farm down up to £15/t as US ethanol demand slumped during the coronavirus lockdown. Soya meal was about £300/t delivered for nearby loads, and forward soya prices were firm at £307-£310/t for November to April.

- Date: 2020-06-10 · published 2020-06-10T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/52698-straight-feed-prices-come-under-pressure-farmers-weekly
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker US ethanol demand is pushing maize competitively against wheat in UK feed rations, supporting maize use and capping feed costs. Currency-driven pricing and possible Brazilian soya disruption are the other factors buyers should watch.

## Read by commodity

- SBM: neutral
- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/input-prices/straight-feed-prices-come-under-pressure

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