Maize and soya-based feed prices down


By FWi staff


THE straights market remains fairly static, with home-produced maize gluten pellets and soya-bean meal the main movers.


Maize gluten fell 4/t during the week, and soya-bean meal (Hi-pro) by 3/t.


“The maize was a single shipment, so no double freight costs were incurred,” says David Clarke of KW Alternative Feeds.


“The boat had also been delayed for a week, which has affected the price.


Prices of soya-bean meal have been influenced by reports of heavy rainfall in the mid-west over the weekend.


“Also, the recent US Department of Agriculture report, which forecast a good planting for next year, has helped matters,” adds Mr Clarke.


“All in all, things are now starting to look up.”

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