date:Jul 25, 2012
and how much of it will likely be fed to animals. He noted that feed sellers keep close to the vest the exact formulations they use to make their feed.
Mr. Harris said the disappointing 2012 South American soybean crop means that the gestating U.S. crop will come into a market that is already in tight supply. Currently, the sharp run-up in soybean meal prices is squeezing margins of livestock, poultry and swine producers, he said. With corn and soybean prices so high, they are starting to compl