04/22/2013Broiler Economics: Prospects Better for the Poultry Industry, April 2013
In hindsight, it now appears that a major bear market in corn began in August and is now gathering speed with the combination of a good harvest in South America, lots of snow and rain in Iowa, and a surprise quarterly stock report by the USDA. The price of grain is heading down.
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03/04/2013Broiler Economics: Light at the End of the Tunnel, Feb. 2013
For the last five years, the world poultry industry has been slowed by high grain prices. For the last three years, corn prices reached a new record high average price each year. It was not just grain. Commodities of all kinds, including most notably oil, reached and sustained record high levels. Is there no end to this cost of inputs pain?
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