Feed Price Risk Management
Take charge of your
operation’s feed costs.
After every record-yielding crop year since 1970, the prices for corn and soybeans have almost always rallied the following year. The average price rally in the year after a record-yielding corn crop is 70 percent for corn. The average after a record-yielding soybean crop is 60 percent. These numbers underscore both the uncertainty of commodity markets and the need to take charge of your operation’s feed costs. A strategic approach to price risk management can lower your average price paid.
Volatility in grain markets warrants consistent, disciplined management of feed price opportunities and risks.