German Feed Oat Prices Hold Firm as Harvest Pressure Eases
German feed oat prices in Drentwede remain stable at 0.205 EUR/kg EXW as harvest pressure fades, with benign weather and balanced EU supply limiting volatility.
Prices
German conventional feed oats (origin DE, Drentwede, EXW) are quoted at 0.205 EUR/kg EXW, unchanged from the previous quotation and marking a stable plateau after modest gains earlier in September. A recent market note also characterizes German feed oat prices as holding steady around this level, with harvest pressure largely behind the market and bids consolidating rather than extending the rally.
Ukrainian feed oats (origin UA, Odesa, FCA) are indicated at 0.19 EUR/kg FCA, likewise unchanged from prior levels, underscoring a modest but persistent price discount versus German origins. The spread of roughly 0.015 EUR/kg reflects a combination of freight, risk and quality perceptions as Black Sea supply remains subject to ongoing logistical uncertainties. Despite these headwinds, no acute disruption has been reported in the last few days that would materially tighten near‑term oat availability into the EU.
| Origin | Product | Delivery term | Latest price (EUR/kg) | Direction vs. last quote |
|---|---|---|---|---|
| Germany (Drentwede) | Oat, feed grade, moisture 14% max | EXW | 0.205 | Unchanged |
| Ukraine (Odesa) | Oat, for feed, 98% purity | FCA | 0.19 | Unchanged |
Supply & Demand
German grain market reports for late September describe good availability of feed cereals, with wheat and barley well offered and oats following as a niche component in rations. Price assessments across western and northern Germany confirm that feed oats are firming modestly month‑on‑month but remain below last year’s levels, suggesting comfortable supply despite lower plantings in some areas.
At EU level, recent cereal market monitoring points to a broadly balanced situation, with total coarse grain production close to average and only localized weather‑related yield issues. Against this backdrop, there is limited incentive for aggressive oat buying, especially as livestock numbers and industrial demand stagnate or contract in several member states. As a result, feed mills see oats mainly as a flexible extender in rations rather than a must‑have component, tempering any upside price momentum.
Export competition from the Black Sea remains a background factor. While Ukrainian grain logistics continue to adjust to routing constraints and low water levels on key inland waterways, there have been no fresh shocks in the last three days that would sharply curtail oat flows. Instead, the market is more focused on routine nearby demand and internal EU trade rather than on disruptive trade policy or shipping incidents.
Exclusive commodities on CMBroker
Weather & Crop Conditions (Region DE)
For Lower Saxony and the wider north‑German plain, short‑term weather forecasts for 24–26 September indicate mild temperatures and a mix of clouds and sunshine, with only light, scattered showers. Maximum daytime readings are projected mostly in the mid‑teens to around 20°C, with cool but not frosty nights. Such conditions are favourable for field work, drying of stored grain and smooth transport flows.
Given that the main oat harvest is largely completed, current weather has limited direct yield or quality impact but still matters for logistics and on‑farm storage. The absence of heavy rainfall in the immediate outlook supports uninterrupted truck movement and stable loadings at regional collection points, thus reducing the risk of short‑term supply bottlenecks that could otherwise cause temporary price spikes. Overall, weather is neutral to slightly bearish for price volatility in the coming days.
Market Fundamentals
Recent European market commentary notes that feed oat prices across the EU have risen a little over 2% month‑on‑month in September but still trade around 6–7% below the previous year, depicting a firm yet historically comfortable market. German regional quotations align with this pattern: a modest recovery from early‑season lows followed by consolidation as harvest volume estimates become clearer.
Relative to other feed grains, oats continue to price as a value ingredient, competing mainly with feed barley and lower‑grade wheat. With energy and freight costs off their previous peaks and fertilizer prices stabilizing, cost‑push pressure from the input side has eased somewhat, limiting the need for aggressive price hikes at farm gate. However, any renewed volatility in the broader grains complex—particularly wheat—could still spill over into oats via ration substitution and farmer selling decisions.
Short-Term Outlook & Trading Ideas
- Producers (DE): With 0.205 EUR/kg EXW holding and no immediate weather or policy shocks, retaining a portion of stocks appears reasonable, but consider scaling in sales on any rallies triggered by stronger wheat or barley markets.
- Feed buyers: Current values offer stable, predictable cover; opportunistic buying on minor dips is advisable, but there is little urgency to chase the market higher in the next few days.
- Merchants: The spread between German and Ukrainian oats remains attractive. Where logistics and quality allow, blending or origin‑switch strategies can improve margins while keeping downstream prices competitive.
3‑Day Regional Price Indication (DE)
- Germany, north (EXW farm, feed oats): Sideways to slightly firm bias around current spot levels over the next three trading days, supported by steady demand and benign weather.
- Germany, other regions: Largely stable, tracking local feed grain indices; minor basis adjustments possible but no strong directional driver identified in the very short term.