Feed Buyers Should Consider Locking In Grains
Opportunities for feed buyers to lock in profits they didn’t expect to see
Livestock producers should find optimism in feed price projections following Thursday’s USDA Acreage andStocks reports. The releases are proving bearish for corn, which provides new opportunities for feed buyers to lock in profits they didn’t expect to see, according to Matt Bennett of Bennett Consulting.
“Interesting to see corn and bean stocks higher than expectations,” he says. “I’m surprised by the acreage report, but not shocked.” To read more click here.