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A livestock nutrition consultant says strong corn and soybean markets are raising purchased feed costs and that supplies may stay tight through summer until new crop. He advises producers to test feed, reduce waste and manage costs.
Expectations of tight corn and soymeal supplies before new crop support near-term feed price levels, while summer weather will determine whether prices rise or fall later.
midwestfarmreport.comPam JahnkeMay 17, 2021Not enough comparable past events yet for a historical read.
Not 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.
