German Triticale Feed Prices Edge Higher on Firm Feed Demand

Triticale feed prices in north-west Germany continue to trend moderately higher, supported by firm domestic feed demand and tighter forage and maize prospects, while harvest pressure is fading. The short-term tone is steady to firm, with buyers closing nearby gaps and sellers slowly lifting ideas. Feed-grade triticale ex farm in Drentwede has risen around 6–7% since mid-August and is now trading near the upper end of reported producer price ranges in central and southern Germany. Stronger feed grain and protein markets, concerns over EU forage and maize availability, and ongoing Black Sea-related uncertainty are underpinning the complex, even as overall EU grain supply remains comfortable. In Spain, recent sharp gains in triticale underline the broader strength of the European feed grain market. For the next three days, stable, cool and breezy weather in north-west Germany points to limited immediate weather-driven price risk.

Prices

In Drentwede (north-west Germany), feed-grade triticale (14% moisture, EXW) last traded at about EUR 223/t on 1 September, up from roughly EUR 220/t on 31 August and EUR 208/t in mid-August, confirming a steady upward trend over the past three weeks.

Producer price reports from several German regions show triticale mostly in a band of about EUR 158–188/t free collector’s store, with Rhineland-Palatinate, Hesse and Bavaria all reporting values near the upper half of their recent monthly ranges as of 1 September.

On a broader European basis, Spanish triticale at around EUR 216/t as of 2 September has jumped EUR 9/t week on week, signalling strengthening feed grain values in import-dependent regions and providing an indirect floor to German export or cross-border quotations.

Supply & Demand

Across Germany, harvest pressure in winter cereals is largely behind the market, and reported triticale availabilities are adequate but not burdensome. Regional producer quotations suggest sellers are resisting further discounts despite some regional softness, particularly in Hesse, where prices eased week on week.

The wider EU feed complex is supported by tightening forage and maize prospects. EU feed manufacturers have warned that drought has reduced forage and is likely to increase maize import needs in 2026/27 by more than 7 million tonnes, which in turn encourages greater use of domestically produced feed grains such as triticale, barley and feed wheat.

Black Sea logistics constraints and lower-than-usual wheat exports from Ukraine and Russia continue to underpin EU feed grain sentiment, even if overall EU cereal supply remains broadly comfortable. Recent German and Austrian market commentaries still highlight the war in Ukraine and related shipping issues as key upside risks for grain prices, including feed grades.

Fundamentals & Weather

Feed grain indices for Germany moved higher in August, and market analysts expect stable to slightly firmer price tendencies into September, in line with the recent firming in triticale. Strength in corn and soybean meal prices on global markets and the risk premium on Black Sea supplies are feeding into domestic feed grain valuations.

For Drentwede and surrounding north-west German regions, the 3‑day weather outlook (3–5 September) is mostly cloudy, breezy and relatively cool, with highs near 20–22°C, scattered showers and a temporary wind gust warning. Soil moisture is assessed as adequate, and no disruptive events are expected for remaining fieldwork or logistics.

This benign near-term weather environment limits downside risks linked to harvest delays or quality losses and keeps attention focused on structural feed demand and external market drivers rather than local weather shocks.

Short-Term Outlook & Trading Ideas

3–5 day price bias (Germany, feed triticale): steady to slightly firmer.

• Producers: Current EUR 220–225/t ex farm in north-west Germany offers an attractive level compared with central German producer prices. Consider pricing a portion of remaining unsold volumes on any additional EUR 3–5/t rallies while keeping some exposure to potential further strength in the feed complex.
• Feed buyers: With Spanish and southern EU prices moving up and maize import needs likely to increase, short-covering in triticale for Q4 may be prudent. Use any brief dips towards EUR 215/t ex farm in north-west Germany to extend coverage.
• Merchants: Regional differentials between north-west, central and southern Germany, and between Germany and Spain, offer limited but improving opportunities for arbitrage. Focus on flexible logistics and quick execution, as market sentiment remains headline-driven.

3‑Day Regional Price Indication (Germany)

• North-west Germany (ex farm, Drentwede): EUR 221–226/t expected; tone firm on good feed demand.
• Central Germany (Hesse, free store): EUR 158–168/t; sideways after recent softening, with limited downside from current levels.
• South Germany (Bavaria, free store): EUR 162–177/t; slight upside bias following recent firming in regional price indices.