
A Kansas dairy farmer relays nutritionist Steve Martin's advice on keeping rations cost-effective as feed costs remain high. Martin suggests dairies be flexible with ingredients and focus on nutrients rather than favored feeds.
He notes cottonseed had been around $500 a ton, and some farms have cut its inclusion.
Feed buyers shifting away from higher-priced ingredients such as cottonseed reduces demand for those feeds and can soften their prices. The change is mainly a ration-formulation decision, so the price effect is small.
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.