Feed prices continue to fall

Basic ration costs are down again for the third month running, as both wheat and soya continue to give ground. Our basic layers’ ration has dropped £4/tonne over one month and £12/tonne over three months, as shown on the chart alongside. Most of this is due to the decline in global soya prices, which has led to a drop in UK soyameal of £44/t since March. The fall in wheat prices is less influential. Although UK feed wheat prices have fallen around £5/t over two months, they are only