Purdue University agricultural economist Michael Langemeier noted this week that drought in Argentina is, in fact, pushing up feed costs and threatening profit margins for swine producers. Soybean meal futures in particular have increased -- from $330 per ton in early February to $390 in early March. Langemeier said corn futures prices have also increased in the last few weeks, although not at the rate of soybean meal prices.
All access premium subscription
This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.
Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)
Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.
SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx
TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx