Rations

Wheat is falling out of rations, replaced by barley and maize meal, which are €12/t to €15/t cheaper. After recent jumps, soyabean meal has also started to weaken. It can be purchased on the spot market at €448/t, but falls to €418/t from January. Rapeseed meal remains steady at €261/t. Beet pulp is on offer at €183/t and is the closest in price to citrus pulp in years. Citrus pulp is on offer in limited amounts at €178/t, but with high demand in the US mopping up supplies, there will be no product offered from January on. Soyahulls, on offer at €163/t, are an option, but demand is limited.