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Free Delivery on lambing - Ends Tuesday 1st March 2016*Free standard delivery on orders over £50 and under 30kg, only applicable to online orders for home delivery and excludes all Click & Collect orders. Not to be used in conjunction with any other offer, T&C’s apply. Ends Tuesday 1st March 2016..



Mole Valley Feed Solutions
Feed Solutions Trading Offices  
Lifton Mill Tel: 01566 780261 0845 6027321*
Hungerford Tel: 01488 684155
Carmarthen Tel: 01267 223716
Email altfeeds@molevalleyfarmers.com
Uttoxeter Tel: 01889 564842
 
*Calls to this number cost up to 7p per minute plus your phone company’s access charge

Find out more about the straight feeds team>

The Straights report is written by David Vinall, Head of Alternative Feeds 

10th February 2016

Currency – £/$  1.4548

This is slightly embarrassing but the 0845 602 7321 has now been restored by popular demand.  Once again I apologise for any inconvenience.  Calls to this number cost 7p per minute plus your phone company’s access.

Soya – Prospects for the South American crops continue to improve with harvest underway in several regions and Brazil now 8.5% complete with expectations to achieve a larger crop than last year’s bumper 96.2Mt.  Prices have come under some pressure this week.  Any delay in harvest could put pressure on spring prices. In last night’s WASDE report US stocks were raised.  Exports were lower year on year and not expected to recover due to increased competition, mainly from Argentina.

Rapemeal – pressure from global oilseed markets following the good reports from South America has pushed Paris rapeseed futures steadily lower.  Weaker sterling against the dollar has offset most of these drops however if the global oilseed prices continue to fall and currency remains at current levels prices could ease further.

Grains – US wheat exports for this season to date are 12% down on last year and maize is down 21%.  In Ukraine the maize export figure has been increased from 16.0Mt to 16.7Mt.  Any correlation?  Winter wheat crops in some regions of Ukraine have had real problems with freezing temperatures following the warm dry period before Christmas with almost a third of crops causing concern.  It’s possible this acreage could be replanted with maize in the spring.  The latest WASDE report increased the US and World ending stocks though the majority of this came from an estimated drop of consumption in China.

In the past week ChemChina ( China National Chemical Corp) has agreed a $43 billion bid for the Swiss seeds and pesticides group Syngenta.  Years of intensive farming combined with the overuse of chemicals has degraded the land and poisoned water courses leaving only about 10% of farmland efficient. The improvement of domestic food production is high on the Chinese government’s agenda and Syngenta’s portfolio of top tier chemicals and patent protected seeds will represent a major upgrade of potential output with new technology at the forefront.  This is the largest ever foreign purchase by a Chinese firm and though there are regulatory procedures to clear it is expected to be realised.  Improved domestic supplies will obviously have implications on the global markets however Chinese consumption of pork, beef and poultry has grown by an average of 1.7Mt a year for the past 10 years which currently places strain on feed grain supplies

 

EXPORT GUIDE PRICES Please phone your local trading office for an individual quote
 

10/0/2016
  Feb 16
Mar – April 16
May – October 16
Nov – Apr 17
Hipro Soya
251.00
247.00
245.00
251.00
Change from
2nd Feb 2016
-5
-5
-5
-5
Rapemeal
Ex South Coast
158.00
160.00
166/164
171.00
Change from
2nd Feb 2016
-5
-3
-1/-1
0
Soya Hulls
123.00
120.00
110.00
113.00
Change from
2nd Feb 2016
+1
-2
-2
-2
Sugar Beet
127.00
127.00
127.00
138
Change from
2nd Feb 2016
-3
-6
-6
0
Maize Dist
159.00
158.00
154.00
152.00
Change from
2nd Feb 2016
0
0
0
-7
Wheat Gluten
134.00
134.00
132.00
POA
Change from
2nd Feb 2016
-1
-1
0
-
Maize Gluten
143.00
143.00
Jun-Sep 130.00
133.00
Change from
2nd Feb 2016
0
0
0
0
Whole Maize
142.00
146.00
149.00
154.00
Change from
2nd Feb 2016
+2
+3
+3
+3
Rapemeal
Ex Erith
141.00
143.00
151/149
159.00
Change from
2nd Feb 2016
-1
0
+1/0
0

Store Locator For website enquiries and online orders phone 01769 576419 (8.30am - 5.30pm 5 days a week)