# Managing high ingredient costs to make more cents | eFeedLink

> A Novus International product manager reports that corn and soybean meal prices in the last quarter of 2020 were the highest in five years. Feed makers across Southeast Asia and the Pacific are dealing with these elevated raw material costs.

- Date: 2021-03-24 · published 2021-03-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48248-managing-high-ingredient-costs-to-make-more-cents-efeedlink
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Sustained high corn and soymeal costs squeeze feed-mill margins and push formulators toward cheaper alternatives. This is a commentary on past prices rather than a new event.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- efeedlink.com: https://www.efeedlink.com/tech-resources/managing-high-ingredient-costs-to-make-more-cents

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