Straights prices keep climbing

By FWi Staff

RUMINANT straights prices firmed further this week following the surge a fortnight ago.

Distillers dried imported meal remained unchanged, while home-produced pellets were withdrawn after a hectic week of trading .

Maize gluten home-produced pellets climbed a further £3 to £82/t and imported pellets and meal crept up to £77/t.

Home-produced meal was withdrawn as a result of an acute shortage. However, a re-seller for spot sales was found this morning, said David Clark of KW Agriculture, and this will retail at £77/t delivered, unchanged from the week before.

Rapeseed nudged up a further £1 to £77/t. Other movers of the week were soya bean meal hi-pro easing back to £130/t, and Brazilian 48% pellets and meal creeping £1 to £121/t.

“Prices have been fluctuating this week,” said Mr Clark. “However, they have settled over the week and the market has steadied. Prices did try to go up, but it didnt work.”

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