KW FeedCast- 16 January 2024

The latest episode of FeedCast is brought to you by Chris Davidson our Raw Materials expert. 

Chris introduces our first podcast of 2024 by discussing which products are currently moving in the market. 

Chris starts with the mid proteins as this is where we are currently seeing the most interest, this is largely driven by Rapemeal where we have seen prices falling steadily. Soya prices have fallen probably more so than Rapemeal but still don’t look attractive in comparison. 

Moving onto Soya, as the rain has increased across Brazil and Argentina the downside projections have stabilised in Brazil and we are seeing a slightly higher view in Argentina. The USDA report we saw last week did drop the Brazilian crop but only by 4 million tonnes down to around 157.

With Rape falling there has been a lot of up take of NovaPro for the summer, as it looks great value and is another opportunity to build to some protein cover. 

Have a listen to hear Chris talk more in-depth on these topics and what else is happening in the market!

As always get in touch with your sales representative or contact us in the office if you have any queries.

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Please note: The information provided during this podcast has been prepared for general informational purposes only and does not constitute advice. The information must not be relied upon for any purpose and no representation or warranty is given as to its accuracy, completeness or otherwise. Any reference to other organisations, businesses or products during the podcast are not endorsements or recommendations of AB Agri or its affiliated companies. The views of the presenter are personal and may not be the views of AB Agri. The contents of this podcast are the copyright of AB Agri.