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North Dakota State University Extension specialists advise cattle producers weighing alternative feeds to consider dry matter, protein, energy content and freight costs. They note corn prices have risen more than $1 per bushel since last summer, and soybean prices have also climbed.
Corn sets the energy price benchmark for alternative feeds and soymeal sets protein pricing, so rising corn and soy costs push up distillers grains and other protein feeds. Buyers should weigh freight and nutrient value when substituting.
ag.ndsu.eduJan 11, 2021Not enough comparable past events yet for a historical read.
Not 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.
