Take advantage of lower feed prices, economist says
The U.S. Department of Agriculture’s (USDA) December 2017 feed outlook forecast feed and residual use for feed grains and wheat 151.9 million bushels in 2018. So with more supply and less demand, livestock producers should take advantage of the cost effective feed option sitting at their fingertips, says one economist.
Chad Hart, agriculture economist at Iowa State University, said that for the past three to four years, the livestock industry has seen “ample feedstocks.”
“Producers can boost those feed ratios during the cold winter months thanks to an abundance of...
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