date:Apr 10, 2013
owered by about 170 million bushels to about 4.380 billion bushels. This would represent a feed/residual decline of 3.7 per cent from the previous marketing year.
The March 1 grain stocks numbers implied that in the first half of the marketing year feed use was down about 6 per cent. While there are fewer cattle on feed, the hog and poultry numbers are larger than a year ago and they are increasing. Broiler egg sets up 1.1 per cent from a year ago. Feed use rationing was all the talk after the