A number of feed merchants have added £2 to £3/t to concentrate prices from the start of December.

Other merchants indicate that a similar price increase may take effect in January, and point to dried barley which has increased to £158/t on spot markets, up by £5 to £8/t from early November.

Barley delivered on farm will cost in the region of £170/t depending on the quantity purchased, with wheat trading around £10/t more. Dried barley prices have risen from £150/t in August.

Maize meal is holding steady around £180 to 185/t delivered on farm. As it has a higher energy content than both barley and wheat, it is extremely good value for money at present.

Both soya hulls and distillers grains have also been edging upwards, with quotes for distillers around £220/t delivered, with soya hulls at £215 to £220/t. Soya is holding relatively steady and can be delivered for £310/t.

Rations

Beef finishing rations with 40% to 50% maize meal are moving from £208 to £215/t. Discounts of £5 to £7/t can be offered on bulk orders, whereas smaller quantities in tonne bags can cost as much as £10/t more.

Prices for 16% general purpose rations range from £210 to £220/t depending on whether it is a loose blend or pellet, as well as the ingredients used.

Dairy rations start from £230/t for an 18% protein mix rising to £255/t for products at 20% protein.

Sheep rations are also rising in price with 18% ewe nuts priced from £240. Higher spec rations at 19% with added fat and buffers are around the £260/t mark.

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