# Sky high domestic demand for animal feed prevents alfalfa producers from exports

> Greek alfalfa acreage this season is reported down about 20% as farmers switch to wheat, cotton and corn, while alfalfa demand has reached record levels. Alfalfa prices are rising in line with soy and cottonseed meals as livestock expansion in Greece lifts feed demand.

- Date: 2022-05-06 · published 2022-05-06T12:00:00.000Z
- Category: market · region Greece · magnitude low
- Page: https://feedsoft.ai/events/41535-sky-high-domestic-demand-for-animal-feed-prevents-alfalfa-producers-from-exports
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight alfalfa supply and rising prices in Greece push up forage and feed costs, supporting prices for other protein meals used in the region.

## Read by commodity

- CSM: bullish ▲
- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/insights/sky-high-domestic-demand-for-animal-feed-prevents-alfalfa-producers-from-exports

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