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AHDB data showed UK compound feed production fell 4% in October from a year earlier, and the season to date is down 0.5%. Cattle and calf feed output led the decline.
Producers are cutting back as higher feed, energy, fertiliser and labour costs squeeze margins.
Falling compound feed output signals weaker feed demand, which can soften demand for feed grains and protein ingredients.
ahdb.org.ukDec 2, 2021Not 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.
