# Higher feed prices pose problems for producers | Western Livestock Journal

> NDSU Extension advisers said corn prices have risen more than $1 per bushel since last summer, prompting cattle producers to seek alternative feeds. Soybean meal increases lift competing protein feeds, and distillers grains have risen in line with protein markets. Pulse crops are presented as protein and energy alternatives.

- Date: 2021-01-15 · published 2021-01-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49263-higher-feed-prices-pose-problems-for-producers-western-livestock-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher corn and soybean meal prices push buyers toward substitutes such as distillers grains, canola meal and pulses, shifting demand across feed ingredients.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- DDGS: bullish ▲
- CANMEAL: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/higher-feed-prices-pose-problems-for-producers/

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