Anyone noticing major feed price increases recently?

On another board that I post to I've read a couple of reports of folks either experiencing major (as in doubled apparently) price rises in their feed or were told there would soon be major price increases coming.

I just bought feed today and mine hadn't gone up since last I bought feed about three weeks ago, but my particular farm supply usually makes these changes over the weekend so that may or may not mean anything.

The reason for the increases suposedly have to do with the basic grains (corn, wheat, oats) rather than specific feed types. Anyone else noticing major price increases lately?

.....Alan.

[Mountaineer]

Here in BC- our regular poultry feeds went up about 5%. But the organic actually went down! Love it.

[ozark_jewels]

Prices have been slowly creeping up here all summer. Alfalfa pellets just jumped .80 a hundred two weeks ago...which may not sound like much but when your going through 400 lbs a day....it adds up.

[diane]

Mine went up about 5 cents per hundred wt. Wheat, corn and soybeans are all higher this year. I just bought my winter's supply so I guess I will find out in the spring what happens.

[Up North]

Getting a load of grain delivered on Monday. Now I'll have to check!

Heather

[rambler]

Corn, soybeans, & wheat have gone up in value during harvest. Mostly investors & Funds are speculating on it & raising the price, as well as the market 'buying' more acres of crop next year. It's a rather unusual & likely short-term (unil next June...) situation, but for example corn has gone from $2.10 before harvest to $3.06 now.

Just one of those things that happens with markets every 15-20 years, it won't last but it will affct feed prices.

--->Paul

[seedspreader]

Originally Posted by rambler

Corn, soybeans, & wheat have gone up in value during harvest. Mostly investors & Funds are speculating on it & raising the price, as well as the market 'buying' more acres of crop next year. It's a rather unusual & likely short-term (unil next June...) situation, but for example corn has gone from $2.10 before harvest to $3.06 now.

Just one of those things that happens with markets every 15-20 years, it won't last but it will affct feed prices.

--->Paul

I was reading in Farm and Dairy that they expect corn prices to stay high for quite a while (as far as the corn market is concerned) It's 3.33 a bushel here. It's causing calls for reducing the breeding stock in the hog industry as Canada has recently done, due to the higher cost associated with raising pork.

[ponyboy123]

mink feed has more than doubled over the last year. right now we pay 26.5 cents a pound delivered. Adds up to a big bill when we feedin 16,000 lbs daily.

[mpillow]

16% sweet animal feed went from 7.30 a 50# to $7.90
Layer pellets went up .50 a bag $8
Cracked Corn up .30 a bag $6.30

price increase was 2 weeks ago at my feed store.

[rambler]

Originally Posted by ZealYouthGuy

I was reading in Farm and Dairy that they expect corn prices to stay high for quite a while (as far as the corn market is concerned) It's 3.33 a bushel here. It's causing calls for reducing the breeding stock in the hog industry as Canada has recently done, due to the higher cost associated with raising pork.

Anything can happen..... Back in the early 90's, corn shot up to $5.00 in August. I remember my farm magazine saying we were in a new era, won't have corn below $3 again, with demand & the world ecconomy & growing what we grow.....

Six months later, corn was $2.50, another 9 moths later we had record yields & folks had a few less hogs, few less cattle, etc. and corn was $1.40.

I expect corn prices to continue to hover around the $2 mark for the next decade, with little hiccups like this fall.

Now, if it were _extremely_ dry in May over most of the country, that would change things. But again, for only 9 months or so.

We are going to grow a lot of corn this coming year. As you mention, folks will cut back use a tiny bit.

--->Paul

[gunslinger598]

Here where I am we have experienced the worst drought in recorded history for the last 2 years in this area, also worst in the nantion last year.I raise some horses. Pasture burnt up by May. No hay is even being offered for sale locally. I have been feeding alfalfa pellets since may. The starting price in May was $4.75 50lb. now it is $6.45 50 lb. thats up 36% mostly in the past 2 months. But as bad as that sounds it's still a better value than hay and the horses are staying fit.

[Jennifer L.]

I would imagine they are eating more meat in China now, so the grain has to come from somewhere. Seems like that could cause a permanent jump at some point.

Jennifer

[tinknal]

Beef and pork prices remain strong. Increased use of ethanol. Drought in corn producing states. It all ads up. Frankly, I'm glad for it. Corn farming is tough biz and them fellers could use some good news.

[mustard]

At one of the feed stores I buy from the owner said that with increased use of bio-diesel we would see a long-term increase on corn prices...

But I take everything with a grain of salt - I've seen huge price surges on sugar, paper products, coffee, etc. etc. from decades ago...Let's pray the prices come back down...and maybe start planting, too!

Let's just hope major tv networks don't get on it - I think that the media hyping up the gas price increases encouraged the oil companies to raise prices...I bet they were thinking "If the media is predicting that prices will go to $3.00, then we've got justification...so why not?"

[bluetick]

I've been paying $8.94 per 50 pound bag of game and turkey finisher and maintenance pellets since at least August and including today. Cracked corn in 50 pound bags has been $6.59 for at least a couple of months. So there has been no recent price hike.

[tinknal]

Originally Posted by bluetick

I've been paying $8.94 per 50 pound bag of game and turkey finisher and maintenance pellets since at least August and including today. Cracked corn in 50 pound bags has been $6.59 for at least a couple of months. So there has been no recent price hike.

$6.59 per 50 lbs is about twice the market rate. You is getting hosed, my friend.

[seedspreader]

Originally Posted by tinknal

$6.59 per 50 lbs is about twice the market rate. You is getting hosed, my friend.

Not around here my friend... it's going rate... it's been on the rise.

[comfortablynumb]

the price is going up because those tracking microchips they mix in the feed are expensive.

but it will make the terrorists cry so its a good thing.

[Spinner]

It's been a few weeks since I put in my winter supply, but prices were normal when I got it. I was thinking about getting one more load. If prices are high, I'll probably wait till next year to see if they drop off after the winter feeding season's over.

[agmantoo]

I spoke with a farmer this evening and he says he has late year '06 delivery for sale of corn at above $4 per bushel. I bought sacked corn at 50 lbs. for $4.50 from him.