# Managing high ingredient costs to make more cents | Engormix

> An Engormix article notes soybean meal prices have risen since November 2021 and are projected to keep rising while the Ukraine-Russia conflict continues. Corn prices have followed a similar path, with Rabobank forecasting higher raw material prices amid drought in the US Southern Plains.

- Date: 2022-05-06 · published 2022-05-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41529-managing-high-ingredient-costs-to-make-more-cents-engormix
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Persistent protein and energy ingredient inflation raises feed costs for livestock producers, supporting continued strength in soybean meal and corn prices.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- en.engormix.com: https://en.engormix.com/poultry-industry/enzymes-poultry-nutrition/managing-high-ingredient-costs_a49907/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.