Inputt Prices 10th May 2012 May 11, 2012

Non Grain Feed Ingredients
Soya 49%	Spot	NA
	May	NA
	May NC	€419.00
	Jun – Oct	€418.00
	Nov NC	€405.00
	Dec-Apr	€405.00
Corn Gluten	Spot	NA
	May	NA
	JuL – Sep	€214.00
	Oct-Apr	€207.00
US  Dist.	May-Jun	€267.00
	Jul-Oct	€266.00
	Nov-Apr	€247.00
Citrus	May-Jul	€200.00
	Sep-Dec	NA
Un-molassed Beet Pulp	Spot	NA
	May-Jul	NA
Cane molasses	Spot	NA
US Soyahulls	Spot	€195.00
	May	€195.00
	Jun – Oct	€191.00
	Nov – Apr	€193.00
“00″Rape Meal	Spot	€287.00
	May	€285.00
	Jun	€283.00
	Jul	€283.00
	August	€240.00
Grains
Maize	Spot	€238.00
	May – Sep	€238.00
	Oct NC	€211.00
	Nov-Dec	€213.00
Wheat	Spot	€230-232
Max 15% moist	May	€230-232
Min 72kph	Imp	€237.00
	Jun-Jul	€231-233
	Jul Imp	€238.00
	Sep-Dec NC Imp	€210.00
	Nov NC Irish	€193-195
Barley	Spot	€228-230
Max 15% moist	May	€228-230
Min 62kph	May-Jul Imp	€237.00
	Jul NC Imp	€220.00
	Sep NC Imp	NA
	Nov NC Irish	€188.00
Oats	Spot	€215
Max 15% moist	Apr-May	€215
Min 54kph	Sep NC Irish	€192
Exchange rates
€/st£	0.8050
€/us$	1.2950
Fuel *
Brent crude oil	$110.88
Tractor Diesel (Incl vat) ULSG	€0.9260
Marked gas oil (Incl vat)	€0.9130

*Prices quoted are wholesale prices collected ex store for 24t lots, payment seven days from collection.

Grain and feed ingredient prices are quoted on a collected ex store basis.

Wheat, barley and oat prices vary depending on location.

ULSG – Ultra low sulphur gas oil

 

 

Input Prices 2nd May 2012 May 3, 2012

Non Grain Feed Ingredients
Soya 49%	Spot	€421.00
	May	€421.00
	May NC	€415.00
	Jun – Oct	€415.00
	Nov NC	€395.00
	Dec-Apr	€395.00
Corn Gluten	Spot	NA
	May	NA
	Jun – Sep	€214.00
US  Dist.	May-Jun	€267.00
	Jul-Sep	€265.00
Citrus	May-Jul	€200.00
	Sep-Dec	NA
Un-molassed Beet Pulp	Spot	NA
	May-Jul	NA
Cane molasses	Spot	NA
US Soyahulls	Spot	€186.00
	May	€186.00
	Jun – Oct	€184.00
	Nov – Apr	€186.00
“00″Rape Meal	Spot	€295.00
	May	€295.00
	Jun	€293.00
	Jul	€293.00
	August	€253.00
Grains
Maize	Spot	€241.00
	May – Sep	€241.00
	Oct NC	€213.00
	Nov-Dec	€214.00
Wheat	Spot	€230-232
Max 15% moist	May	€230-232
Min 72kph	Imp	€237.00
	Jun-Jul	€231-233
	Jul Imp	€238.00
	Sep-Dec NC Imp	€215.00
	Oct NC Irish	€190-200
Barley	Spot	€227-232
Max 15% moist	May	€227-230
Min 62kph	May-Jul Imp	€238.00
	Jul NC Imp	€222.00
	Sep NC Imp	NA
	Oct NC Irish	€190-192
Oats	Spot	€215
Max 15% moist
Min 54kph	Apr-May	€215
	Sep NC Irish	€192
Exchange rates
€/st£	0.8121
€/us$	1.3131
Fuel *
Brent crude oil	$118.15
Tractor Diesel (Incl vat) ULSG	€0.9420
Marked gas oil (Incl vat)	€0.9290

*Prices quoted are wholesale prices collected ex store for 24t lots, payment seven days from collection.

Grain and feed ingredient prices are quoted on a collected ex store basis.

Wheat, barley and oat prices vary depending on location.

ULSG – Ultra low sulphur gas oil.

 

 

 

 

Input Price Update 24th April 2012 April 24, 2012

Non Grain Feed Ingredients
Soya 49%	Spot	€397.00
	Apr	€397.00
	May	€395.00
	Jun – Oct	€395.00
	Nov – Apr	€387.00
Corn Gluten	Spot	NA
	Apr – May	NA
	Jun – Sep	NA
US  Dist.	Apr – May	€258.00
	Jun- Aug	€257.00
Citrus	Apr – May	€189.00
	May-Jul	€189.00
Un-molassed Beet Pulp	Spot	NA
	Apr-Jun	NA
Cane molasses	Spot	€164.00
US Soyahulls	Spot	€188.00
	Apr – May	€187.00
	Jun – Oct	€187.00
	Nov – Apr	€189.00
“00″Rape Meal	Spot	€287.00
	Apr	€287.00
	May	€286.00
	Jun – Jul	€285.00
	August	€244.00
Grains
Maize	Spot	€239.00
	Apr	€9.00
	May – Sep	€239.00
	Oct NC	€214.00
	Nov-Dec	€215.00
Wheat	Spot	€230-232
Max 15% moist	Apr	€230-232
Min 72kph	Apr Imp	€237.00
	May-Jun	€231-233
	Jul Imp	€238.00
	Sep-Dec NC Imp	€211.00
	Nov NC Irish	€199-200
Barley	Spot	€227-330
Max 15% moist	Apr-May	€227-230
Min 62kph	Apr-May Imp	€234.00
	Sep NC Imp	NA
	Nov NC Irish	€190-192
Oats	Spot	€215
Max 15% moist	Apr-May	€215
Min 54kph	Sep NC Irish	€194
Exchange rates
€/st£	0.8154
€/us$	1.3161
Fuel
Brent crude oil	$116.32
Tractor Diesel (Incl vat) ULSG	€0.9359
Marked gas oil (Incl vat)	€0.9164

Grain and feed ingredient prices are quoted on a collected ex store basis.

Wheat, barley and oat prices vary depending on location.

ULSG – Ultra low sulphur gas oil

 

 

 

Grain, Feed and Input Prices 13th April 2012 April 13, 2012

Non Grain Feed Ingredients
Soya 49%	Spot	€387.00
	Apr	€387.00
	May	€387.00
	Jun – Oct	€382.00
	Nov – Apr	€388.00
Corn Gluten	Spot	€210.00
	Apr – May	€210.00
	Jun – Sep	€210.00
US  Dist.	Apr – May	€250.00
	Jun- Aug	€247.00
Citrus	Apr – May	€186.00
	May-Jul	€186.00
Un-molassed Beet Pulp	Spot	NA
	Apr-Jun	NA
Cane molasses	Spot	€164.00
US Soyahulls	Spot	€185.00
	Apr – May	€185.00
	Jun – Oct	€184.00
	Nov – Apr	€187.00
“00″Rape Meal	Spot	€271.00
	Apr	€271.00
	May	€269.00
	Jun – Jul	€266.00
	August	€237.00
Grains
Maize	Spot	€241.00
	Apr	€241.00
	May – Sep	€242.00
	Oct NC	€216.00
	Nov-Dec	€217.00
Wheat	Spot	€225-230
Max 15% moist	Apr	€225-230
Min 72kph	Mar Imp	€235.00
	May-Jun	€235.00
	Jul Imp	€236.00
	Sep-Dec NC Imp	€208.00
	Sep-Oct NC Irish	€200.00
Barley	Spot	€224-226
Max 15% moist	Apr-May	€224-226
Min 62kph	Apr-May Imp	€234.00
	Sep NC Imp	NA
	Sep NC Irish	€193.00
Oats	Spot	€215
Max 15% moist	Apr-May	€215
Min 54kph	Sep NC Irish	€195
Exchange rates
€/st£	0.8247
€/us$	1.3153
Fuel
Brent crude oil	$120.49
Tractor Diesel (Incl vat) ULSG	€0.9125
Marked gas oil (Incl vat)	€0.9310

Grain and feed ingredient prices are quoted on a collected ex store basis.

Wheat, barley and oat prices vary depending on location.

ULSG – Ultra low sulphur gas oil.

 

 

Input Prices, Grain and Feed Prices 8th March 2012 March 8, 2012

Non Grain Feed Ingredients	Soya 49%	Spot	350
		Apr	349
		May	345
		Jun – Oct	345
		Nov – Apr	347
	Corn Gluten	Spot	206
		Mar – May	206
		Jun – Sep	206
	US Dist.	Mar – Apr	241
		May- Aug	239
	Citrus	Mar – Apr	166
		May-Jul	167
	Un-molassed Beet Pulp	Spot	202
		Apr-May	202
	Cane molasses	Spot	164
	US Soyahulls	Spot	NA
		Mar – Apr	NA
		May	166
		Jun – Oct	167
		Nov – Apr	168
	“00″Rape Meal	Spot	NA
		Apr	242
		May	227
		Jun – Jul	226
		August	205
Grains	Maize	Spot	230
		Mar	230
		Apr – May	232
		Jun – Sep	232
		Oct NC	210
		Nov-Dec	211
	Wheat	Spot	€211-212
	Max 15% moist	Mar	€211-212
	Min 72kph	Mar Imp	220
		Apr – May	€211-213
		Apr – May Imp	222
		Jun – Jul Imp	223
		Sep-Dec NC Imp	200
		Sep-Oct NC Irish	€190-192
	Barley	Spot	210
	Max 15% moist	Mar – Apr	210
	Min 62kph	Feb-Mar Imp	220
		Sep NC Imp	NA
		Sep NC Irish	€184-186
	Oats	Spot	210
	Max 15% moist	Feb-Apr	210
	Min 54kph
Exchange rates		€/st£	0.83865
		€/us$	0.83865
Fuel		Brent crude oil	124.12
		Tractor Diesel (Incl vat) ULSG	0.931
		Marked gas oil (Incl vat)	0.92

Inputs Price Update 23rd February 2012 February 23, 2012

Irish grain prices for both old and new crop have eased off recent highs. Dried old Irish crop wheat is trading at €210/t down €2/t since Tuesday. New crop wheat is currently trading at €188/t gaining €3/t on yesterday’s close. Old crop barley has remained more resilient at €208/t with new crop back €3/t since Tuesday. Oats remains unchanged at €210/t with new crop down €2/t at €188/t.

Progress on the Greek crisis has seen the euro strengthen leaving European grain less competitive. In addition talks of a sizable increase in US maize sowings to an area not seen since 1944 is impacting on new crop feed grain prices. However strengthening soybean prices coupled with more expensive nitrogen may dampen farmer enthusiasm for a large swing to maize.

The deep freeze of many Russian ports over the last month has been supportive of old crop prices as it delayed the shipment of an estimated 1 million tonnes of grains, mostly wheat. Since July Russian grain exports were estimated at just under 20mt averaging 2.5mt per month. Market analysts predict that a further 5mt will be exported between now and the end of the current marketing year on the 30^th of June.

Fuel price update

Crude oil prices continue to rise with Brent crude hitting a high of $124.01 last night before easing to $122.49 earlier today. The ongoing geo-political tensions between Iran and the West have created a significant price risk premium and this is putting upward pressure on petrol, diesel and marked gas oil (tractor diesel) prices. A strengthening euro should mitigate some of the increase.

		23-Feb-12
Soya 49%	Spot	€329.00
	Feb-Mar	€329.00
	Apr	€327.00
	May-Oct	€319.00
Corn Gluten	Spot	€206.00
	Feb-May	€206.00
	May-Oct	NA
US  Dist.	Feb-Apr	€240.00
	May-Oct	€237.00
Citrus	Spot	€172.00
	Feb-Apr	€172.00
	May-Jul	€172.00
Un-molassed Beet Pulp	Spot	€202.00
	Feb-May	€202.00
Cane molasses	Spot	€164.00
US Soyahulls	Spot	€169.00
	Feb-Apr	€167.00
	May-Dec	€163.00
	Jan ’13	NA
“00″Rape Meal	Feb	€227.00
	Mar-Apr	€227.00
	May-Jul	€214.00
	August	€195.00
Maize	Spot	€231.00
	Mar-Apr Fr	€231.00
	May-Sep	€232.00
	Oct NC	€209.00
	Nov-Dec	€210.00
Wheat	Spot	€210.00
Max 15% moist	Feb	€210.00
Min 72kph	Feb Imp	€222.00
	Mar-Apr	€210-212
	Mar-Apr Imp	€222.00
	May-Jul Imp	€223.00
	Sep-Dec NC Imp	€200.00
	Sep-Oct NC Irish	€188.00
Barley	Spot	€208-210
Max 15% moist	Feb-Mar	€208-210
Min 62kph	Feb-Mar Imp	€220.00
	Sep NC Imp	NA
	Sep NC Irish	€180.00
Oats	Spot	€210
Max 15% moist	Feb-Apr	€210
Min 54kph	Sep NC Irish	€188
Exchange rates	€/st£	0.8461
	€/us$	1.3300
Brent crude oil		$122.49
Tractor Diesel (Incl vat) ULSG		€0.9480
Marked gas oil (Incl vat)		€0.9350

Inputs price update 9th February 2012 February 9, 2012

		08-Feb-12
Soya 49%	Spot	€330.00
	Nov-Feb	€330.00
	May-Dec’09	€328.00
		€321.00
Corn Gluten	Spot	€204.00
	Nov-Feb
	Dec-Apr
		€204.00
US  Dist.	Spot	NA
	Nov-Feb
		NA
Citrus	Spot	€175.00
	Nov-Apr
	Oct-Dec	€175.00
		€175.00
Un-molassed Beet Pulp		€202.00
		€202.00
Cane molasses		€164.00
US Soyahulls	Spot	€166.00
	Nov – Jun	€166.00
		€166.00
		NA
“00″Rape Meal	Spot	€218.00
	Nov-Dec	€217.00
	Jan-May	€207.00
		€198.00
		08-Feb-12
Maize	Spot	€231.00
	Dec-Jan
	Feb-Jun
		€232.00
		€235.00
		€213.00
		€216.00
Wheat		€210.00
Max 15% moist		€210.00
Min 72kph		€223.00
		€212-214
		€225.00
		€227.00
		€207.00
		€190-192
Barley		€205-207
Max 15% moist		€205-208
Min 62kph		€221.00
		NA
		€185-187
Oats		€210
Max 15% moist		€212
Min 54kph
Exchange rates		0.8302
		1.3113
		$116.58
Prices quoted are wholesale prices collected ex store for 24t lots, payment seven days from collection.
		€0.9050
Grain and feed ingredient prices are quoted on a collected ex store basis
Wheat, barley and oat prices vary depending on location
ULSG – Ultra low sulphur gas oil

Input Prices 17th January 2012 January 17, 2012

		17-Jan-12
Soya 49%	Spot	€312.00
	Jan-Mar	€312.00
	Apr	€312.00
	May-Oct	€312.00
Corn Gluten	Jan	€206.00
	Feb-May	€206.00
US  Dist.	Jan-Apr	€219.00
	May-Oct	NA
Citrus	Spot	€187.00
	Jan	€187.00
	Feb-Apr	€181.00
	May-Jul	€181.00
Un-molassed Beet Pulp	Spot	€202.00
	Jan-May	€202.00
Cane molasses	Spot	€164.00
US Soyahulls	Spot	€170.00
	Jan-Apr	€170.00
	May-Dec	€165.00
	Dec-Jan	NA
“00″Rape Meal	Feb	€202.00
	Mar-Apr	€197.00
	May-Jul	€193.00
	August	€179.00
Maize	Spot	€227.00
	Feb-Apr Fr	€229.00
	May-Sep	€230.00
Wheat	Spot	€195-197
Max 15% moist	Jan	€195-198
Min 72kph	Jan Imp	€209.00
	Feb-Apr	€196-197
	Feb-Apr Imp	€211.00
	Sep NC Imp	€194.00
	Sep NC Irish	€185.00
Barley	Spot	€194-196
Max 15% moist	Jan-Feb	€194-196
Min 62kph	Jan Imp	€207.00
	Feb-Apr Imp	€208.00
	Feb-Apr	€194-197
	Sep NC Imp	NA
	Sep NC Irish	€178.00
Oats	Spot	€200-205
Max 15% moist	Jan-Feb	€200-205
Min 54kph
Exchange rates	€/st£	0.8305
	€/us$	1.2790
	Brent crude oil	$111.57
	Tractor Diesel (Incl vat) ULSG	€0.9090

 

Grain and feed ingredient prices are quoted on a collected ex store basis

Wheat, barley and oat prices vary depending on location

ULSG – Ultra low sulphur gas oil

Grain Market Report 13th December 2011 December 13, 2011

Price direction for grain continues to be set by outside market influences as the eurozone debt crisis rumbles on. End users continue to buy on an as you need basis. Dried wheat is trading from €183/t to €185/t, barley from €179/t to €186/t and oats from €200/t to €205/t.

The International Grains Council in its November grain report sees consumption continuing to outstrip production, forecasting grain stocks to fall by a further 10mt by the end of the 2011/12 marketing year. However, wheat stocks are forecast to finish the season higher.

World grain prices have fallen significantly since the start of harvest with Black Sea milling wheat setting the tone, heavily discounting other origin wheat by up to $40/t in early season trading. In recent days the gap has fallen to $2/t fallen. Maize continues to command a premium but this has narrowed as demand falls and users switch to cheaper feed grains.

Barley prices have bucked the trend as world and EU stocks continue to fall. EU closing stocks for the current marketing year are expected to fall to 7mt similar to the 2007 levels. Prices in many EU countries are now on a par with feed wheat or marginally higher.

The EU remains a net exporter of grain this season running at 5.9mt but down from 9.6mt the previous season. Since the start of the 2011/12 marketing year EU imports are up by 0.7mt on last year to 5.6mt. These consist of 2.8mt of soft wheat, 931,000t of durum wheat, 1.8mt of maize and 98,000t of barley. Exports are lagging behind down 3.1mt on last season but 2.3mt ahead of the previous season. Soft wheat (including flour) is the biggest export running at 7.2mt, barley at 1.9mt, maize at 1.5mt and durum wheat at 683,000t

EU production, despite a marginally lower area (-0.9%) and a sustained drought in some of the key producing regions (France, Germany and Poland) was marginally up on last season (+0.9mt).

Grain Feed Ingredient and Fuel Price Update 17th November 2011 November 18, 2011

The deepening euro-zone crisis is unnerving buyers and investors. Most mills are purchasing on a hand to mouth basis as outside market influences are increasingly determining price direction of late.

		17-Nov-11
Soya 49%	Spot	€290.00
	Dec-Jan	€290.00
	Feb-Apr	€290.00
	May-Oct	€286.00
Corn Gluten	Spot	€205.00
	Nov-Jan	€205.00
	Feb-Apr	NA
US  Dist.	Nov-Dec	€210.00
	Jan-Apr	€210.00
Citrus	Spot	€196.00
	Dec	€186.00
	Jan-Apr	€186.00
	May-Jul	€186.00
Un-molassed Beet Pulp	Spot	€204.00
	Dec-Apr	€202.00
Cane molasses	Spot	NA
US Soyahulls	Spot	€170.00
	Dec-Apr	€169.00
	May-Dec	€162.00
“00″Rape Meal	Nov-Jan	€188.00
	Feb-Apr	€191.00
Maize	Spot	€212.00
	Dec Fr	€212.00
	Nov-Dec Non EU	€212.00
	Jan-Apr Fr	€214.00
	Jan-Apr Non EU	€214.00
Wheat	Spot	€185-190
Max 15% moist	Nov-Dec	€185-191
Min 72kph	Nov-Dec Imp	€201.00
	Jan-Apr Imp	€201.00
Barley	Spot	€183-188
Max 15% moist
Min 62kph
	Nov-Dec	€183-191
	Nov-Dec Imp	€203.00
	Jan-Apr Imp	€203.00
Oats	Spot	€200
Max 15% moist	Nov-Dec	€200-202
Min 54kph
Exchange rates	€/st£	0.8543
	€/us$	1.3484
	Brent crude oil	$110.71
	Tractor Diesel (Incl vat) ULSG	€0.9040
Grain and feed ingredient prices are quoted on a collected ex store basis
Wheat, barley and oat prices vary depending on location
ULSG – Ultra low sulphur gas oil