ShapeShapeauthorShapechevroncrossShapeShapeShapeGrouphamburgerhomeGroupmagnifyShapeShapeShaperssShape
Sponsor message
Now new in the US - Dietary diformates Made in Germany Learn more

Feed Price Decline Forecast

5 September 2013, at 12:04pm

GLOBAL - The Agri Commodity Market Research team at Rabobank is bearish on most agri-commodity prices, predicting further falls in grain and oilseed prices to the end of 2014.

In the latest Poultry Quarterly Review for the third quarter of 2013, Rabobank's Agri Commodity Market Research team reports that a further downward slide is expected from current levels as the new crop supply becomes more certain.


Rabobank quarterly average price forecast (3rd quarter 2013 - 2nd quarter 2014)
Source: Bloomberg, Rabobank, July 2013

For wheat, prices are forecast to remain bullish as harvests are forecast to be higher than last year in the Black Sea region, the EU and Canada.

With favourable weather in the US, the maize (corn) market globally is described as 'bearish' as fears of a crop failure there diminish.

Rabobank is forecasting bullish conditions for soybeans although it warns of possible volatility ahead in case of adverse weather conditions.

The Review adds that improving market conditions in the Chinese animal protein market are pushing up demand in China, which is supporting global markets.

Further Reading

Go to our previous news item from this report by clicking here.

Sponsored content
Our Formi products fulfil tomorrow’s requirements today.

Formi NDF and the 3rd Generation acidifier Formi 3G have been formulated to replace the need for in-feed antibiotics, by ensuring a strong antibacterial impact against Gram negative and Gram positive bacteria.

The Formi product line, based on Addcon’s patented diformate technology ensures optimal efficiency, highest growth rates and maximum safety, which are key requirements in animal production worldwide – and are now available in the USA.

Learn more