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Dairy producers face rising blood meal prices as demand grows with a US dairy herd above 9.35 million cows for 16 months. Soybean meal costs are also climbing in dairy rations.
Stronger demand for bypass protein ingredients lifts feed costs for dairy producers, who already face low milk prices. Higher protein ingredient prices could support meal values.
agproud.comDave NatzkeMay 9, 2018Not 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.
