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A truck spill of Skittles in Wisconsin renewed attention on the use of candy and other alternative ingredients in cattle feed. The article explains that feed is the largest cattle operation expense, so producers blend cheaper byproducts when permitted.
Alternative feed use is a marginal substitute for corn and soy in cattle rations, but it does not meaningfully move grain or meal prices.
thecounter.orgH. Claire BrownJan 25, 2017Not 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.
