Market Report

Forage and Markets – October 2020

Forage:

With grass growth slowing down due to the time of year and low soil moisture levels. Quality will start to fall away with reduction in protein and sugar as day length shortens and temp starts to fall. People looking to take the final cut of silage this year the more important a quality additive such as F1Evo silage additive is to produce quality forage and to reduce dry matter losses, protein and heating.

Old pastures with weed grasses in them may be seeing high levels of rust in them. The grass yellows and has rusty spots making wellies rusty orange when walking through. Rust makes the pasture very unpalatable and reduces DMI markedly. It also causes irritation to the airways in cattle grazing contaminated pasture.

For those that are in the south Maize harvest is well under way, and the use of a quality additive especially designed for forage maize such as F1 Ice Gold to reduce dry matter losses, reduce heating and waste inclamp and at feedout.

Forage Market Report October 2020

After Maize catch crops such as Forage Rye and Westerwold with Itl Ryegrass mixes to stop nutrient loss and soil erosion.

Markets:

Currency

Sterling has fallen against the $ and gained on the Euro
£/€ 1.092 £/$ 1.276

Soya:

Soyameal prices have increased £40/ton with £14/ton due to currency changes.
China is buying vast volumes of meal with the aim of building its pig herd.

Rapeseed:

The markets have being moving up in line with Soya as the poor harvest in Europe and also the reduction in harvest in Canada.

Grains:

Wheat prices have stabled ex-farm with the price difference between barley at £42/ton.

Ex-farm grain prices

Oct Nov May 21
Wheat £174 £174 £178
Barley £130 £132 £138
OSR £352
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Market Report

Forage and Markets Mid August 2020

Forage: With grass growth at a stand still until the arrival of the thunder storms and rain. Quality seems to be remaining high which should allow for cost effective milk production where there is enough grass cover. People looking to take 3rd or 4th cuts of silage, the later in the year the more important a quality additive such as F1 Evo silage additive is to produce quality forage and to reduce dry matter losses, protein and heating.

For those that are in the south with early varieties of Maize harvest might be less than a month away, and the use of a quality additive especially designed for forage maize such as F1 Ice Gold to reduce dry matter losses, reduce heating and waste inclamp and at feedout.

Forage Market Update 13th August 2020

Catch crops of forage rape and stubble turnips can be sown straight into the stubbles for that extra winter forage or it’s a good time for a grass reseed especially if a short term ley with red clover is to be drilled as this will allow the red clover to establish before the cooler months arrive.

Markets:

Currency

Sterling has fallen against the $ and the Euro

£/euro 1.10/strong>
£/$
1.23

Soya:

Soyameal prices have fallen a slight amount with some farmers taking some cover for the winter.

Rapeseed:

The markets generally flat as the harvest proceeds across Europe.

Grains

Wheat prices have eased back a few pounds exfarm narrowing the gap between wheat and barley.

Barley prices holding firm.

Ex-farm grain prices

Sept Nov May 21
Wheat £159 £161 £166
Barley £125 £126 £133
OSR £341
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Market Report

Forage and Markets Update – June 2020 #2

Forage

With the welcome rain in most areas and with unsettled weather for this week grass growth rates will start to pick up. With moisture now in the soil and if fertiliser has not been applied then now would be a good time to maximise this damp weather.

Forage Market Report June 2020 #2

If you have started feeding silage to help with the shortage of grazed grass then it would be a good idea to get it tested so that the ration can be balanced.

Markets

Currency

Sterling ended the week as it started against the Euro and the $

£/euro 1.122 £/$ 1.26

Soya

There has been a slight move in the price of soya beans upwards which will see an increase in meal.

Grains

The market for maize has restarted in the US as the requirement for ethanol is slowly returning to normal. This will help with many of the related feed products supply.

Wheat and Barley are generally being controlled by the effects of the weather here in the UK and Europe but also in areas of Russia.
Ex-farm grain prices

Spot Harvest Nov
Wheat £162 £157 £163
Barley £125 £127 £129
OSR     £317 £317 £329… Read the rest