Ag economist warns of rising dairy feed costs
Story Date: 4/13/2021

 

Source: Fran O'Leary, FARM PROGRESS, 4/12/21


Corn prices are expected to climb to $6 per bushel and soybean meal as high as $470 per metric ton this year, according to agriculture economist Dan Basse, president of AgResource Co. of Chicago. Rising feed margin pressure will persist throughout 2021, Basse told viewers on a Dairy Signal webcast on April 1 sponsored by Professional Dairy Producers. He advised dairy producers to think ahead on feed and forage needs.

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