Released December 4, 2008
ST. PAUL, Minn. -— Feed ingredient prices have fluctuated considerably this past year. Feed accounts for two-thirds to three-fourths of the total cost of raising pigs and poultry, and is also a significant contributor to the cost of dairy and beef operations. Slight fluctuations in feed prices, especially for corn and soybean meal, can have significant impacts on overall livestock production costs.
What does 2009 bring for feed prices, and how should producers approach and develop a plan for procuring feed ingredients for this upcoming year? These and similar issues will be addressed in an upcoming PorkCast online seminar program December 9 from 1-2 p.m. Mark Schultz, North Star Commodities, will be providing information on options and plans for buying and pricing feed ingredients in 2009.
Interested individuals can access the free program live via the Internet at http://www.extension.umn.edu/swine/porkcast by connecting to the website a few minutes before the 1 p.m. start time. An archived copy of the program will also be made available on the same website a few days after the program airs.
PorkCast online seminars are provided by University of Minnesota Extension and the Minnesota Pork Board, and are designed to provide management-level information on current issues affecting the pork industry. Past programs are available to download and view on the PorkCast website at http://www.extension.umn.edu/swine/porkcast.
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http://www.extension.umn.edu/extensionnews/2008/livestock-feed-buying.html
Contact: Mark Whitney, (507)389-5541, whitn007@umn.edu
Catherine Dehdashti, (612) 625-0237, ced@umn.edu
