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A beef editorial describes using feed-grade urea and other non-protein nitrogen as a cheaper winter protein source for cattle. The author notes that 38% protein cubes can be bought at about 58% of the cost of 20% cubes.
Growing interest in urea-based supplements could modestly shift demand away from higher-protein cubes, but the effect on feed commodity prices is small.
farmprogress.comAlan NewportApr 1, 2019Not 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.
