September 2012

Prices for corn grain, soybean meal, and other commodities have skyrocketed in recent weeks and months. Much of this increase in cost has resulted from lower carryover from stockpiles of last year’s crops, drought conditions that have limited or prevented pollination and/or development of corn kernels, drought conditions limiting soybean production and uncertainty of this year’s crops. In August, the USDA decreased projected yields of corn grain by 22.6 bushels to 123.4 bushels/acre, the lowest in 7 years. Prices of all feed commodities are tied to the prices of corn and soybean meal, thus major increases have been seen in these also. Milk prices seem to be improving, thus giving a positive spin on a very trying situation. One key for surviving these very trying times is to step back from the situation and think through ways you can make the best of what is happening.

 

 

Regular Mail:
Renaissance Nutrition, Inc.
PO Box 229
Roaring Spring, PA 16673

Overnight/Next Day:
Renaissance Nutrition, Inc.
339 Frederick Road
Roaring Spring, PA 16673

 

Phone: 1.800.346.3649
E-mail: rennut@rennut.com

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