Loading…
Western Canadian beef producers are feeding DDGS because a severe drought has reduced forage quality and raised concentrate prices. DDGS provides about 27-28% crude protein and energy comparable to corn.
The columnist argues it helps cap feeding costs.
Drought-driven forage shortages increase demand for DDGS as a substitute protein and energy source. This supports DDGS prices in Canada while grain and protein concentrate costs stay high.
grainews.caPeter VittiNov 1, 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.
