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Dairy market advisers Kathleen Noble Wolfley and Bryce Windecker said on an August 9 call that feed prices are low, with corn and soybean December futures near their lowest since 2020. They advised dairy farmers to lock in feed costs in the coming months.
Ample US grain supplies and a strong Texas cotton crop are keeping feed costs low, so the price outlook is bearish for corn, soybeans and cottonseed feed, though it may not last.
lancasterfarming.comPhilip Gruber, pgruber@lancasterfarming.comAug 9, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
