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Dairy farmers in New Zealand's North Island are increasing purchases of protein-dense supplements after pasture samples showed low protein levels following a dry summer. GrainCorp Feeds reports rising interest in canola meal since it began offering it in October.
Tight pasture protein and strong milk payouts are lifting demand for protein feeds such as canola meal, which can support local meal prices in New Zealand.
ruralnewsgroup.co.nzStaff ReportersApr 21, 2022Not 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.
