is feed gonna go through the roof?

Discussion in 'Feeding & Watering Your Flock' started by thechickman04, Jun 10, 2008.

  1. thechickman04

    thechickman04 Chillin' With My Peeps

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    we have all heard about the huge flooding in wisconsin and indiana that wiped out everything...they say it took out huge amounts of this years corn...will the feed price shoot through the roof?
     
  2. Riparian

    Riparian Chillin' With My Peeps

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    Canada has plenty of corn for sale. [​IMG]:
     
  3. thechickman04

    thechickman04 Chillin' With My Peeps

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    i just hope it doesnt
     
  4. Eggseronious

    Eggseronious Chillin' With My Peeps

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    Yes it will. Alot of farmers havent planted because of the wet weather, some will have to replant because of the same. Corn price jumped last week quiet a bit, because of this. [​IMG]
     
  5. Riparian

    Riparian Chillin' With My Peeps

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    We are buying corn at my feed mill here in Ontario for $266 CAD per tonne. Compare that price just a few months ago at $160.

    I am lucky that I work at a feed mill, I get most of my feed for free.
     
  6. Mrs MIA

    Mrs MIA Chick Magnet

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    Yes... [​IMG]
     
  7. Eggseronious

    Eggseronious Chillin' With My Peeps

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    Today elevators were contracting new crop corn for .38 cents higher on the bushel than todays market @ 6.80 per bushel. Thanks to ethanol [​IMG]
     
  8. kstaven

    kstaven Overrun With Chickens Premium Member

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    Quote:Only for the moment. International buyers are starting to really press for more direct access to buy feed crops. If it goes too much further we are going to be looking at unreal prices ourselves and increased feed costs. Have you noted how much hay $$ has increased in the past month alone and who is buying it up in advance? Same thing is happening with other crops.
     
  9. Lazy J Farms Feed & Hay

    Lazy J Farms Feed & Hay Chillin' With My Peeps

    Quote:While Ethanol Production has added to the cost of Corn, it is not the sole reason for the record high prices we are seeing right now. The failed wheat crop the last 2 or 3 years in Australia lead to record high wheat prices, worldwide demand for feed grains is at an all time high (Thank You China and India), and the horrible weather in the Western Cornbelt have all contributed to the high prices for corn and soybeans.

    It is easy bto blame the Ethanol Industry, but that is too simplistic and flawed.

    Jim
     
  10. Eggseronious

    Eggseronious Chillin' With My Peeps

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    Lazy J Farms Feed & Hay :

    Quote:While Ethanol Production has added to the cost of Corn, it is not the sole reason for the record high prices we are seeing right now. The failed wheat crop the last 2 or 3 years in Australia lead to record high wheat prices, worldwide demand for feed grains is at an all time high (Thank You China and India), and the horrible weather in the Western Cornbelt have all contributed to the high prices for corn and soybeans.

    It is easy bto blame the Ethanol Industry, but that is too simplistic and flawed.

    Jim

    The cheap US Dollar has increased exports world wide. Speculators have and are pushing the market, as they are being scotched by the ethanol frenzy. What do I care we have close to 400ac in production.​
     

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