Grain Market Commentary

IFA analysis of the current grain market trends and developments and how they affect the Irish market and Irish farmers.

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February 7, 2019

Demand for feed remains subdued due to the benign weather conditions. Grass growth continues to remain strong and many animals are now out on grass for the time being at least. The demand for feed wheat remains reasonable however demand for barley remains weak and this is continuing to be a worry as the feeding season window narrows.

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January 25, 2019

Irish grain prices remain steady, however, barley is struggling as demand is light and there are reasonable stocks available. Last August, during the drought many buyers had bought ahead to protect themselves against shortages but with the surge in fodder supplies into the Winter this did not materialise and the quantities ordered were not required.

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January 11, 2019

Irish grain prices remain steady however, feed demand has slowed this week. Barley is particularly slow as it struggles to compete in rations as maize is discounting it by €33/t. The last week has seen a significant increase in the volumes of Irish wheat being offered to the market.

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