DTN: Feed costs will be biggest worry for livestock sectors in 2012 | TSLN.com

DTN: Feed costs will be biggest worry for livestock sectors in 2012

Cheryl Anderson, DTN Staff Reporter

OMAHA (DTN) – After 2011’s wild ride of record grain prices, feed costs will likely be the biggest continuing concern for U.S. livestock producers in 2012.

Corn futures hit a record high in 2011 in June at $7.99 3/4. Soybeans and wheat didn’t reach new records, but still rose to noticeably high levels. Soybeans hit $14.56 in 2011 (compared to $16.63 in 2008) and Chicago wheat futures hit $8.93 in 2011 (compared to $13.34 in 2008).

Dried distillers grains (DDG), which typically sell at a discount to other feed grains, also rose to set price records in 2011. The DTN DDG spot price average set a record high in mid-November of $219 per ton, as DDG prices typically mirror movement on the corn board.

OMAHA (DTN) – After 2011’s wild ride of record grain prices, feed costs will likely be the biggest continuing concern for U.S. livestock producers in 2012.

Corn futures hit a record high in 2011 in June at $7.99 3/4. Soybeans and wheat didn’t reach new records, but still rose to noticeably high levels. Soybeans hit $14.56 in 2011 (compared to $16.63 in 2008) and Chicago wheat futures hit $8.93 in 2011 (compared to $13.34 in 2008).

Dried distillers grains (DDG), which typically sell at a discount to other feed grains, also rose to set price records in 2011. The DTN DDG spot price average set a record high in mid-November of $219 per ton, as DDG prices typically mirror movement on the corn board.

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OMAHA (DTN) – After 2011’s wild ride of record grain prices, feed costs will likely be the biggest continuing concern for U.S. livestock producers in 2012.

Corn futures hit a record high in 2011 in June at $7.99 3/4. Soybeans and wheat didn’t reach new records, but still rose to noticeably high levels. Soybeans hit $14.56 in 2011 (compared to $16.63 in 2008) and Chicago wheat futures hit $8.93 in 2011 (compared to $13.34 in 2008).

Dried distillers grains (DDG), which typically sell at a discount to other feed grains, also rose to set price records in 2011. The DTN DDG spot price average set a record high in mid-November of $219 per ton, as DDG prices typically mirror movement on the corn board.

OMAHA (DTN) – After 2011’s wild ride of record grain prices, feed costs will likely be the biggest continuing concern for U.S. livestock producers in 2012.

Corn futures hit a record high in 2011 in June at $7.99 3/4. Soybeans and wheat didn’t reach new records, but still rose to noticeably high levels. Soybeans hit $14.56 in 2011 (compared to $16.63 in 2008) and Chicago wheat futures hit $8.93 in 2011 (compared to $13.34 in 2008).

Dried distillers grains (DDG), which typically sell at a discount to other feed grains, also rose to set price records in 2011. The DTN DDG spot price average set a record high in mid-November of $219 per ton, as DDG prices typically mirror movement on the corn board.

OMAHA (DTN) – After 2011’s wild ride of record grain prices, feed costs will likely be the biggest continuing concern for U.S. livestock producers in 2012.

Corn futures hit a record high in 2011 in June at $7.99 3/4. Soybeans and wheat didn’t reach new records, but still rose to noticeably high levels. Soybeans hit $14.56 in 2011 (compared to $16.63 in 2008) and Chicago wheat futures hit $8.93 in 2011 (compared to $13.34 in 2008).

Dried distillers grains (DDG), which typically sell at a discount to other feed grains, also rose to set price records in 2011. The DTN DDG spot price average set a record high in mid-November of $219 per ton, as DDG prices typically mirror movement on the corn board.

OMAHA (DTN) – After 2011’s wild ride of record grain prices, feed costs will likely be the biggest continuing concern for U.S. livestock producers in 2012.

Corn futures hit a record high in 2011 in June at $7.99 3/4. Soybeans and wheat didn’t reach new records, but still rose to noticeably high levels. Soybeans hit $14.56 in 2011 (compared to $16.63 in 2008) and Chicago wheat futures hit $8.93 in 2011 (compared to $13.34 in 2008).

Dried distillers grains (DDG), which typically sell at a discount to other feed grains, also rose to set price records in 2011. The DTN DDG spot price average set a record high in mid-November of $219 per ton, as DDG prices typically mirror movement on the corn board.

editor’s note: each year, dtn presents an outlook series on what is expected for the year ahead in various areas of agriculture. this is the third story in a series where dtn continues to look ahead at what farmers can expect in commodity markets, farm finance, land prices, ag and the environment, agricultural policy, crop input prices and livestock prices. feedback on what you think the year will be like is welcome at talk@telventdtn.com.