Prices of Animal Feeds Up By 42%

Inflation is quickly spreading from the energy market into the broader economy, and the situation may be even more challenging for meat and poultry producers, which faced a 41.8% increase in prepared animal feeds during the 12 months ending in July, according to a release from the National Turkey Federation, the American Meat Institute and the National Chicken Council. Representatives from

WASHINGTON — Inflation is quickly spreading from the energy market into the broader economy, and the situation may be even more challenging for meat and poultry producers, which faced a 41.8% increase in prepared animal feeds during the 12 months ending in July, according to a release from the National Turkey Federation, the American Meat Institute and the National Chicken Council. Representatives from those groups issued another call to Congress to reduce or eliminate ethanol mandates

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