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  • 06/26/2014
    Broiler Economics: Soybeans finally headed lower, June 2014

    The  cost  of  soybean  meal  has  been  punishingly  high  for   the  poultry  industry  this  year.  There was  hope  that  a  huge   harvest  in  South  America  would  bring  relief  a  few  months  ago; however,  a  shortage  of  soybeans  in  the  US  kept  the  price  in   Chicago  high.
    Adobe Acrobat PDF file | 492 KB

  • 04/30/2014
     Broiler Economics: Reports Send Corn, Soybean Higher, April 2014

    On March 31st every year there are two news releases by the USDA that have the potential of moving the grain market. One is the grain stocks report and the other is the planting intentions report. More often than not, prices in Chicago move up or down sharply on any given March 31st. This year, the reports turned out to be close to expectations and therefore caused fewer fireworks in Chicago than usual. Nevertheless, both corn and soybeans moved higher.
    Adobe Acrobat PDF file | 316 KB

  • 02/25/2014
    Broiler Economics: Lower Grain Costs in 2014, Feb. 2014

    The world poultry industry can look forward to significantly lower feed costs in 2014. Corn and wheat prices are already down significantly from last year while soybean meal is still a problem. Meal is still stubbornly expensive but is likely to drop in price sometime this year.
    Adobe Acrobat PDF file | 195 KB