# Could we be off $100 per ton on that feed?

> A dairy ration formulator describes volatile feed ingredient prices, with canola meal contracted at $270 per ton while spot prices have swung widely. Suppliers are offering less flexibility on contracts, forcing dairies to balance spot purchases against booked contracts.

- Date: 2021-06-21 · published 2021-06-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46696-could-we-be-off-100-per-ton-on-that-feed
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Wide spreads between contract and spot feed prices make ingredient choices harder for dairy buyers and add cost uncertainty for protein meals such as canola meal.

## Read by commodity

- CANMEAL: neutral

## Sources

- hoards.com: https://hoards.com/article-30417-Could-we-be-off-$100-per-ton-on-that-feed.html

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