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High grain prices driving down demand

todayJune 15, 2022 50

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High grain prices driving down demand

An ag economist says shrinking feed demand is weakening crop market support.

University of Missouri ag economist Ben Brown said high grain prices are driving down demand. He tells Brownfield livestock producers are cutting down on herd sizes and closely monitoring feed use.

“As I talk to cattle producers, they tell us the feed costs side of the equation is just burdensome and they’re struggling to turn a profit,” Brown said.

Written by: Leah Jones

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