German Triticale Edges Softer but Feed Grain Complex Stays Firm
German triticale EXW Drentwede has eased slightly within a narrow band as EU feed grain markets stay firm. Read the latest price drivers and 3‑day outlook.
Prices
The latest quotation for German triticale feed grade (moisture 14% max), origin Germany, EXW Drentwede, stands at 0.22 EUR/kg EXW, slightly down from 0.225 EUR/kg in the previous session and within the recent 0.222–0.23 EUR/kg range seen since early September. Regional producer prices across North Rhine-Westphalia last week were indicated mostly between the high‑170s and around 200 EUR/t free store, confirming a still-firm but non‑rallying tone in western Germany.
| Date | Location / Term | Grade | Price (EUR) |
|---|---|---|---|
| 2026-09-25 | Drentwede, DE – EXW | Triticale, feed, 14% max moisture | 0.22 EUR/kg EXW |
EU reference data for triticale in Cologne and Würzburg show September quotations around the low‑170s EUR/t, up year-on‑year and broadly consistent with firm German cash indications. In Bavaria, triticale last week was indicated mostly in the mid‑150s to around 170 EUR/t, underscoring moderate regional discounts versus the north-west.
Supply & Demand
Germany’s 2026 cereal harvest has been mixed, with official reporting pointing to pressure on feed crop yields particularly in parts of southern Germany, while northern regions fared comparatively better. This pattern supports a relatively tighter balance for feed grains in the south but more comfortable availability in the north-west, where triticale is an important component in many feed rations.
EU‑wide, feed grain demand remains underpinned by stable livestock numbers, while structural shifts towards less intensive feeding are progressing only slowly. Despite some recent softening in spot German feed wheat and barley prices, reference series and regional producer quotations still point to an overall elevated price level for feed grains, with triticale following that broader complex rather than decoupling.
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Fundamentals & Weather
Recent German commentary highlights that feed wheat continues to trade at a premium to feed barley, with maize also firm amid limited local availability. In this context, triticale remains competitively priced as a medium‑energy feed grain, anchoring demand from compounders and on‑farm feeders, particularly where barley stocks are still comfortable and substitution flexibility exists.
In Lower Saxony, including the Drentwede catchment, the 3‑day weather outlook calls for unseasonably warm and mostly dry conditions on 29–30 September, followed by cooler, more unsettled weather with showers around 1 October. This pattern is favourable for short‑term logistics and on‑farm truck loading, supporting steady near‑term physical flows without major harvest‑related disruptions.
Trading Outlook (next 3–5 days)
- Bias: Slightly soft to sideways. The small dip in EXW Drentwede, combined with generally firm but not tightening German feed grain indicators, suggests limited near‑term downside but also no strong catalyst for a rally.
- For sellers: Consider scaling sales on small intraday upticks rather than waiting for higher levels, especially where on‑farm storage is tight and maize intake is about to ramp up.
- For buyers: Short‑term coverage can be extended modestly on current values, as EU reference data and German regional prices still point to an elevated, but relatively stable, feed grain floor.
3‑Day Regional Price Indication (Germany)
- North‑west Germany (incl. Drentwede): Sideways to slightly soft; current EXW indications suggest only marginal further downside as long as feed wheat and maize remain firm.
- Western Germany (NRW, Cologne area): Stable in the high‑170s to around 190 EUR/t free store; no sharp moves expected absent external shocks.
- Southern Germany (Bavaria): Mildly firmer undertone relative to recent weeks, but largely range‑bound in the mid‑150s to around 170 EUR/t as harvest and logistics normalise.