Livestock producers are likely
to see shrinking feed costs ahead with one market analyst forecasting lower
corn prices as ethanol demand will be “flat-lining” into 2022.
Dan
Basse, AgResource Company, told the good news to cattle producers at the eighth
annual Feeding Quality Forum at the end of August. After grain producers saw
higher profits last year, Basse says it’s time for livestock producers to have
their turn.
“You
have been fighting ethanol for corn these past six or seven years, but the
biofuel rush is over, and the aftereffects have reshaped the market,” Basse
said…..To Read More…..
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