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Livestock feed demand is upending global trade flows

Jevtic/iStock/Getty Images Bloomberg | Apr 30, 2021 By Isis Almeida, Michael Hirtzer and Kim Chipman Feeding the world’s chickens, pigs and cows has gotten so expensive it’s upending global trade flows. As grain prices surge, American chicken giant Perdue Farms Inc. took the rare step of buying soybeans, an American staple, from rival Brazil. BRF SA, Brazil’s top poultry producer, turned to neighboring Argentina for corn, while feed makers in China and the U.S. are buying wheat more commonly used for bread. These tactics and others by the world’s top food companies highlight how tight the global market has become. A gauge of grain prices is at an eight-year high, boosting the cost of feeding animals and signaling higher meat prices could be coming for consumers. Still, keeping up with rising meat demand as the world recovers from the pandemic has industry executives saying the rally is far from over.

Livestock feed demand is upending global trade flows

Livestock feed demand is upending global trade flows
beefmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beefmagazine.com Daily Mail and Mail on Sunday newspapers.

Livestock feed demand is upending global trade flows

Livestock feed demand is upending global trade flows
farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.

Feeding Chickens Is So Costly It s Changing Global Trade Flows

(Bloomberg) Feeding the world’s chickens, pigs and cows has gotten so expensive it’s upending global trade flows. As grain prices surge, American chicken giant Perdue Farms Inc. took the rare step of buying soybeans, an American staple, from rival Brazil.

NDSU sunflower researchers looking for producer input

Researchers at North Dakota State University need to hear from all sunflower producers nationwide. Responses will help them understand the nature of the issue, economic impacts and efficacy of current management techniques. Your feedback will direct future research addressing bird damage and improve sunflower production. If you do not experience blackbird damage or have not recently planted sunflower, they still need to hear from you. The survey should take less than 15 minutes to complete. If you have received a survey in the mail, please fill it out and return it in the pre-paid envelope. If you have not received the survey, please follow this link to fill out the online version: https://ndstate.co1.qualtrics.com/jfe/form/SV 1UoXI3SKlKGW8PH.

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