# Livestock feed prices respond to the pressure of rising commodity markets - Mid-West Farm Report

> 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.

- Date: 2021-05-17 · published 2021-05-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47220-livestock-feed-prices-respond-to-the-pressure-of-rising-commodity-markets-mid
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- midwestfarmreport.com: https://www.midwestfarmreport.com/2021/05/17/livestock-feed-prices-respond-to-the-pressure-of-rising-commodity-markets-2/

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