Rising feed prices

I understand that most mills are working off the grains of last year and last year's prices, so yes, our prices have actually been down a bit of late.

Once the mills have to use this year's grains, I expect a very healthy upswing, due to the almost catastrophic year in the corn belt.

 I've been in the feed industry for over 15 years and none of the mills I work with price their grain in this manner.  They use the local prices for commodities each week to adjust their prices.
This has been my experience as well. One of my local feed dealers made a huge purchase of whole corn last year at a very good price. But their retail prices fluctuated with the market (most up, occasionally down) the entire time they were selling what they bought. In fact they just went up fifty cents a bag and I am no longer feeding the little corn I was still buying.
 
How many of you all are seeing increasing feed prices yet?
I knew as soon as that first USDA report came out about lowering 2012 crop yield estimates it was going to affect feed prices and it seems to have started already.
My layer feed has only gone up (as of last Friday anyway) only twenty five cents a bag. But the gamebird starter I buy has gone up two dollars a bag in two weeks! Seems to be the protein components that have skyrocketed. My layer feed is 15% protein, but that gamebird starter is 28%. I just read this morning that soybean meal prices are predicted to rise still further.
Bird prices are going to have to go up this fall.
And egg prices. Some guy came by the farm & said how much for your yard eggs well the sign out front says three bucks a dozen guess he couldn't read. This guy said he could get them for a buck & a half. How can you sell them for this was my thoughts? Heck, its hard to even buy the feed & break even at three bucks. I free range have three gardens & still can't afford the feed. Thinking of going up but people just don't understand the cost & time you put into the birds. The summer months are by far the hardest time of year. Your constantly filling waterers & your egg production suffers. Can't wait for some cooler weather my chickens seem to lay better when its cooler not that it ever gets cold here.
 
And egg prices. Some guy came by the farm & said how much for your yard eggs well the sign out front says three bucks a dozen guess he couldn't read. This guy said he could get them for a buck & a half. How can you sell them for this was my thoughts? Heck, its hard to even buy the feed & break even at three bucks. I free range have three gardens & still can't afford the feed. Thinking of going up but people just don't understand the cost & time you put into the birds. The summer months are by far the hardest time of year. Your constantly filling waterers & your egg production suffers. Can't wait for some cooler weather my chickens seem to lay better when its cooler not that it ever gets cold here.
Eggs at stores have sold their caged up hens' eggs for $1.79 dz.
I sell mine for $4.00 per dz.


Humphrey Farms- I don't live in the most rural area where people grow wheat/other crops. Flock Raiser here is $21.00. Gas prices interfere with transportation a lot around here.


The roads are full of potholes, and the road is very curvy, so it's pretty hard to get to feed stores.
 
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Just got back from our small, local Amish feed mill, which is a Hubbard mill. Talked to the owner awhile. He has limited corn storage capacity 30-45 days. He also has some "off site" storage capacity, so what he basically said was we bought a lot of corn at a good price 6 months ago and we preferred to "hold the line" for our customers. True that. But today? Mash was up $1 per hundred (first increase in long time) and the next purchase might be higher. He "holds the line" for the duration of his purchase, but adjusts accordingly, at his next purchase. Sometimes, that can be as short a period as a 3 weeks. So, that's that. It is what it is.
 
Gamebird grower is up to $18.10 a bag now and that's the cheap brand. I'm afraid to find out what Flock Raiser is going for now. Likely over $20.

Do I really want to set another hatch of turkeys this year?
 
I pay $14.30 for a 50 lb. bag of Blue Seal - Home Fresh Layer Crumbles so I will use that as my benchmark price to watch. At our feed mill there was talk of 50 lb. bags of whole corn expected to go up much higher.
 

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