Friend in Feed: Protein Price Changes Ahead

Friend in Feed: Protein Price Changes Ahead

Low feed prices should spell relief for chicken and pork, but beef prices will stay high into 2016 or beyond

The past few years of poor corn and soybean crops hit meat and poultry hard, as farmers thinned herds and flocks and high production costs trickled down the supply chain.

“Protein prices, a lot of them anyway, have been on kind of a rollercoaster ride since the drought, even a little bit before the drought,” said Richard Volpe, a research economist at the U.S. Department of Agriculture’s Economic Research Service.

However, a bumper crop of corn this year will help

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