German triticale holds steady as feed grain complex stays firm

German triticale EXW Drentwede is holding broadly steady at 0.225 EUR/kg, with only marginal day‑to‑day moves and no clear breakout against the wider feed grain complex. Regional German quotations and EU reference prices confirm a firm but not overheated triticale market, supported by decent feed demand and generally adequate grain availability. After several weeks of sideways trading, triticale in northern Germany continues to price as a competitive niche feed grain between barley and feed wheat. Fresh producer price indications from North Rhine‑Westphalia, Bavaria and Hesse show triticale consistently valued in the mid‑range of feed grains, underlining its role as a flexible ration component rather than a scarcity premium product. Weather for Lower Saxony is seasonally mild and largely dry, favouring stable logistics and on‑farm movements without adding new weather risk. Short term, the market is watching EU coarse grain balances and early maize harvest results, but no immediate driver is visible that would push triticale sharply higher or lower.

Prices

The latest quotation for triticale feed grade, moisture 14% max, origin Germany, EXW Drentwede, stands at 0.225 EUR/kg EXW as of 22 September 2026, unchanged from the previous day and in a narrow 0.222–0.23 EUR/kg range over the past two weeks.

Regional producer price reports corroborate this picture of firmness without strong momentum: in North Rhine‑Westphalia, triticale for feed is indicated around the high‑180s EUR/t free collection point alongside firm feed wheat and barley values, while Bavarian listings put triticale in the mid‑150s to around 170 EUR/t, again in line with other feed grains.

Hesse’s latest weekly overview shows triticale at 170 EUR/t free on‑farm, slightly below the prior week but still comfortably above year‑ago levels, reinforcing the message that any recent easing is modest and not indicative of a structural downturn.

Supply & Demand

Germany’s 2026 cereal harvest has been described as mixed but broadly adequate, with national reporting highlighting weather‑related yield losses in some regions but no acute shortage at the aggregate level. Within this context, triticale remains a niche but well‑supplied feed grain, often competing directly with feed wheat and barley in rations.

At EU level, the latest COCERAL forecast cuts the 2026 total grain crop to 279 mln t, well below last year’s 307.4 mln t, mainly on reduced wheat and coarse grain output. This tighter overall cereal balance helps underpin triticale prices even though its traded volumes are modest, as compound feed producers seek value within a relatively firm grain complex.

German regional market reports indicate that compound feed mills are showing particular interest in grain maize, whose early harvest has revealed yield losses in some locations, thereby supporting maize prices at an elevated level. As maize remains expensive, triticale retains a cost‑effective position in energy feed blends, sustaining demand and reducing downside risk for prices.

Weather & Logistics (Lower Saxony / Drentwede)

Short‑term weather forecasts for Lower Saxony, including the Drentwede region, point to mostly dry, seasonally mild conditions over the next few days, with no major rainfall events or temperature extremes expected. This favours smooth on‑farm transport and loading operations, with limited risk of weather‑related logistical disruptions.

With the main cereal harvest already completed in the region, current weather mainly affects the pace of maize harvesting and late fieldwork rather than triticale quality itself. Stable conditions should allow farmers and traders to execute contracts and reposition stocks without unusual delays, reinforcing the sideways tone in nearby physical values.

Fundamentals & Market Drivers

• EU grain balance tighter but not critical: The latest EU‑27+UK grain crop downgrade confirms a smaller 2026 harvest, yet still sufficient to cover internal needs. This environment supports feed grain prices in general but has not sparked a sharp risk‑premium in triticale.
• Competitive position vs. other feed grains: German regional listings consistently show triticale pricing between feed barley and feed wheat. This reinforces its role as a flexible, mid‑priced energy grain, with demand closely tied to relative spreads rather than outright scarcity.
• Feed demand steady, not booming: Market commentary notes generally calm compound feed demand as many livestock farms are still covered from harvest or earlier contracts, and lower livestock product prices are tempering new buying. This caps upside for triticale despite the firmer macro‑grain picture.
• Local price behaviour: Recent German triticale commentary emphasises that EXW Drentwede values have moved sideways, with solid feed demand offsetting broader downward pressure seen in parts of the grain complex.

Trading Outlook (Next 3 Days)

• Producers: With EXW Drentwede at 0.225 EUR/kg and regional benchmarks showing only minor week‑on‑week changes, short‑term selling can be paced. Producers with storage and manageable liquidity may consider holding a modest portion of stocks, waiting for clearer signals from maize harvest progress and EU grain trade flows.
• Feed mills and buyers: For nearby coverage, current levels offer stable, mid‑range pricing relative to other feed grains. Given the absence of strong bearish catalysts and a structurally tighter EU cereal balance, buyers may secure a portion of Q4 needs at today’s values while retaining some flexibility for potential dips.
• Traders: Basis risk appears limited in the immediate term as regional triticale prices are aligned with the broader feed complex. Focus should remain on inter‑regional spreads within Germany and on competition from maize rather than on large outright price moves over the next few days.

3‑Day Regional Price Indication (Germany)

• Drentwede (Lower Saxony), EXW: Triticale feed grade is expected to trade broadly sideways around 0.225 EUR/kg over the next three trading days, with only very small intra‑day adjustments likely, given stable weather, firm but not aggressive feed demand, and a balanced regional grain supply backdrop.