German Feed Triticale Steady as Q4 Feed Demand Supports EXW Values
German feed triticale EXW Drentwede prices hold steady as Q4 feed demand and firm regional grain markets offset ample local availability. Short-term outlook stable.
Prices
The latest quotation for German feed-grade triticale (max. 14% moisture) EXW Drentwede (DE) stands at 0.225 EUR/kg EXW, unchanged versus the previous day and broadly flat over the past week.
Regional producer prices corroborate this sideways picture. In North Rhine-Westphalia, triticale producer prices free ex-collector mostly range between 177.50 and 200.00 EUR/t depending on sub-region, positioning triticale at a discount to feed wheat but close to feed barley. Southern German indications are slightly lower, with Bavaria reporting around 155.00–170.00 EUR/t, while Rhineland-Palatinate quotes sit in a broadly comparable 162.00–180.00 EUR/t corridor.
| Region | Market level | Price indication (EUR/t) | Comment |
|---|---|---|---|
| Drentwede, DE (EXW) | Spot | 225.00 | Sideways week-on-week |
| NRW producer, DE | Free ex-collector | ≈177.50–200.00 | Middle of feed-grain complex |
| Bavaria, DE | Producer | ≈155.00–170.00 | Slight regional discount |
| Rhineland-Palatinate, DE | Producer | ≈162.00–180.00 | Stable to slightly firm |
Recent market commentary highlights that after a largely sideways August, German feed triticale has shifted into a gently rising trend in September as buyers secure Q4 coverage, underpinned by limited maize availability and resilient compound feed demand. Specific reporting on Drentwede underscores this, describing the local EXW price curve as moving sideways in late September as feed demand offsets downward harvest pressure.
Supply & Demand
German triticale supply in 2026 appears adequate but not burdensome. National cereal data and harvest commentary point to only modest triticale output gains versus prior years, while overall German grain production is lower in 2026, leading to a stronger focus on feed quality and limiting surplus availability of mixed grains. EU-wide, mixed-grain area (including triticale) in 2026/27 is forecast above last year, reflecting farmers’ interest in resilient feed cereals, especially in Poland and Germany, though most of this grain is destined for domestic and cross-border feed use rather than deep-sea export.
On the demand side, triticale maintains a solid role in the German and wider EU feed ration. EU analysis confirms that most plant-based protein and cereals production continues to be absorbed by livestock feed, and there is a growing preference in some regions to feed triticale over other mixed grains due to its nutritional profile. In 2026, heat and drought episodes across much of Europe have damaged maize and forage yields, tightening local feed availability and encouraging substitution towards cereals such as triticale and barley where on-farm stocks allow.
In Germany specifically, early reports from regional grain markets describe brisk interest in energy-rich feed grains, with feed barley and triticale trading closely together in value and supported by concerns over lower maize yields and silage volumes. This interaction between constrained maize supply and reasonably balanced triticale stocks is key to keeping EXW prices in northern Germany underpinned despite the seasonal harvest pressure.
Exclusive commodities on CMBroker
Weather & Crop Conditions – Region DE
For Drentwede and the wider Lower Saxony region, the 3‑day forecast (25–27 September) calls for mostly dry, seasonally warm weather, with sunny to partly cloudy conditions and daytime highs around 20–23 °C and cool nights. This pattern supports good field access for final cereal logistics and early autumn work, without imposing new stress on already harvested triticale.
At national level, recent weeks have seen a mix of earlier-season heat and localised dryness followed by more moderate late-September temperatures. Together with weather-induced maize shortfalls in parts of the EU, this backdrop reinforces the relative value of already-secured cereal stocks. With triticale harvest effectively complete, short-term weather in northern Germany is now more relevant for logistics and sowing decisions for the next season than for current crop yields, implying limited immediate downside risk to spot prices from weather alone.
Market Fundamentals
Recent German regional price reports place triticale consistently at a discount to feed wheat but generally at or slightly above feed barley, reflecting its role as a competitive energy component in rations without the full pricing power of wheat. EU reference price data for triticale also show moderately higher levels versus early summer and a positive year-on-year change, signalling that the current firm tone is not confined to Germany.
From a feed-industry perspective, cereals and oilseed meals remain the core of the ration, and official EU analysis still sees stable to only slightly declining overall feed-cereal demand over the coming decade, even as structural efficiency gains gradually trim total feed needs. In the nearer term, a smaller EU maize crop in 2026 and tighter forage availability are forcing feed formulators to lean more on wheat, barley and triticale, particularly in regions like northern Germany where logistics for mixed grains are well developed.
Sentiment-wise, German feed grain markets show no sign of panic buying, but the combination of limited maize, cautious livestock margins and geopolitical uncertainty around Black Sea grain continues to put a floor under prices. Regional commentary from North Rhine-Westphalia notes that, while some feedstuff demand is muted by weaker animal-product prices, energy-rich grains for Q4–Q1 remain well bid. This context helps explain why Drentwede EXW triticale has held steady rather than following any deeper harvest-related dip.
Trading Outlook & 3‑Day View
Trading outlook (short term)
- Feed buyers: Consider layering in additional Q4–early Q1 coverage at current EXW Drentwede levels around 225 EUR/t, as maize-related risks and firm regional benchmarks limit downside while still offering a discount to feed wheat.
- Producers: With the cash market underpinned and only modest carry into the forward curve, a balanced strategy makes sense: sell a portion of available stocks on spot firmness while retaining some volume for potential winter weather or maize-driven spikes.
- Traders: Monitor spreads versus feed barley and maize; should maize basis strengthen further or barley weaken, triticale may gain incremental demand share, supporting basis in northern German locations such as Drentwede.
3‑day regional price indication – Germany
- Drentwede (EXW, feed triticale): Prices are expected to remain around 0.225 EUR/kg EXW over the next three days, with a stable to slightly firmer bias as logistics improve under dry weather and nearby feed demand stays solid.
- Western Germany producer markets (NRW, Ruhr-Hellweg, Münsterland): Triticale is likely to continue trading within current regional ranges, tracking the middle of the feed-grain complex and showing limited volatility absent fresh maize or macro shocks.
- Southern Germany (Bavaria, Rhineland-Palatinate): Prices should hold broadly steady inside existing corridors, with only minor local adjustments as competition from maize and barley is reassessed after early harvest results.