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The 2018 Alltech feed survey found average global feed costs were stable in 2017. Pig feed grew 6%, while beef feed was the only category to decline, shrinking 1%.
Survey officials said feed costs are low and expected to remain so.
Stable, low grain and soy costs keep feed inputs cheap for mills and livestock producers. Continued ample supply implies little upward price pressure on feed ingredients.
farmersjournal.ieThomas HubertJan 30, 2018Not 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.
