By FWi staff

INCREASED interest in Chicago soya futures helped push the UK market for soyameal higher this week. But the price rise is expected to be temporary.

Rumours of a tightening in vegetable oil supplies saw the price of imported high-protein soyameal climb by £5 to £166/ tonne. Analysts say the climb is little more than a blip, however. Supplies are expected to cheapen as Brazils soya harvest hots up.

For the time being, rape meal is a cheaper source of protein. Home-produced supplies fell by £10 on the week to close at £101/ tonne.

After trading at £16/ tonne for weeks, brewers grains eased by £2 to just £14/ tonne. Home-produced wheatfeed pellets eased £2 to £79/ tonne. But home-produced maize gluten gained £1 and is now selling at £80/ tonne.

Imported straights continued to feel the effects of the strong Pound. Most prices are falling week-by-week as Sterling strengthens. Distillers dried pellets eased by £1 to £104/ tonne. And citrus pulp dropped £4 to £70/ tonne.

All other ruminant straights are available at last weeks prices.

Prices

Wednesday 1 April, 1998

  Oil
(%)
CP
(%)
DCP
(%)
Fibre
(%)
Ash
(%)
Calc ME
(MJ/kg DM)
Spot
price (£/t)
Dry matter
(DM %)
Energy
cost (p/MJ)
DCP
cost (p/g)
Brewers grains
(20t tipped)
7.724.518.417.04.511.714.00240.500.03
Citrus pulp
pellets/meal
3.07.04.013.07.012.570.00900.620.19
Distillers dried
Home-prod pellets
7.534.026.08.54.014.0WDN900.000.00
Distillers dried
Imported meal
7.028.022.09.44.013.5104.00900.860.05
Fishmeal, pure
2 t lot bags
10.073.071.00.917.714.9530.00903.950.08
Maize gluten
Home-prod pellets
4.020.017.08.07.013.095.00900.810.06
Maize gluten
Home-prod meal
3.020.017.08.07.013.080.00900.680.05
Maize gluten
Imported pell/meal
3.020.017.08.07.013.082.00900.700.05
Molasses (cane) 5.04.25 8.012.799.30751.040.31
Molasses (Molmax) 16.013.6 8.011.586.80680.910.08
Palm kernel expell
meal – Malindo
8.515.512.020.04.012.771.00900.620.07
Rapeseed meal
Home-produced
2.540.034.012.08.012.0101.00900.940.03
Soya bean meal Hi pro1.7752.045.04.57.013.5166.00901.370.04
Soya bean meal
Brazilian 48% pell/meal
1.6652.045.06.07.013.5WDN901.690.05
Supergrains
(20-25 tne tipped)
10.032.025.016.01.514.027.50260.760.04
Sugar beet pulp dried
Home-prod mol pell
0.611.08.013.58.012.589.00900.790.12
Sugar beet pulp dried
Imported mol pellets
0.411.08.013.58.012.5n/a900.000.00
Sugar beet pulp dried
Imported unmol pellets
0.59.07.518.08.012.5n/a900.000.00
Vitagold (25t tipped)10.034.026.011.03.014.537.00350.730.04
Wheatfeed pellets4.517.014.58.05.012.579.00880.720.06

Source: KW Agriculture

  • WDN = withdrawn
  • CP=crude protein
  • DCP=digestible crude protein
  • Unless otherwise stated, prices refer to 10t bulk blown deliveries within 50-mile radius of store
  • Energy cost and DCP cost are to demonstrate the value of the particular commodity

  • Click here for October-December 1997 reports on the Ruminant Straights market