Global feed prices are expected to stay relatively neutral in 2020; there are ample supplies that should keep feed prices at reasonable levels, says Rabobank. It released its annual global animal protein outlook today.
Superior Ag, a feed producing and grain merchandising cooperative active in parts of Indiana, Kentucky and along the border of Illinois, seeks to expand its regional grain market and feed footprint with a Kentucky-focused partnership, says CEO.
For the next decade, US feed crop producers are expected to face challenges from large stocks, flat domestic use, limited export market growth and growing global competition, analysts say.
A renovated Cargill feed production facility in Temple, Texas has gone live; it has been expanded to 70,000 square feet to address feed demand in the region.
Facing increasing global market competition from South America and the Black Sea Region, US feed crop producers are predicted to see shrinking market share for ingredients through 2028, say USDA economists.
ForFarmers saw small declines in compound feed volumes for the third quarter as growth in acquisitions along with sales in Germany and Poland could not offset declines in volumes and other regions.
Challenging conditions for agribusiness, including delayed farmer selling, trade uncertainty and slower demand for soybean meal negatively influenced third quarter results of Bunge Limited.
Low wheat prices are prompting questions about how US feed crop acres will be allocated next year, as acreage that is not planted with winter wheat could add to production of other feed crops like corn and soybeans, says analyst.
