# Rabobank reports higher feed prices

> Rabobank's latest quarterly report says U.S. domestic feed prices remain firm, with alfalfa hay still well above its five-year average even as seasonal prices decline. Byproduct feeds are gaining appeal as corn and soybean meal prices have risen recently. Hay exports to China and South Korea are running stronger year over year, while exports to Japan and the Gulf lag.

- Date: 2020-10-28 · published 2020-10-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50728-rabobank-reports-higher-feed-prices
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn and soymeal prices make DDGS and other byproducts a cheaper alternative in rations, supporting byproduct demand and hay prices for feed buyers.

## Read by commodity

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

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/rabobank-report-details-higher-feed-prices

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