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Fieldale Farms of Baldwin, GA announced on Thursday that it was reducing it's chicken production by 5%. Below is the entire press release. BALDWIN, Ga.--(BUSINESS WIRE)--Due to dramatic cost increases, effective immediately Fieldale Farms is reducing live chicken production by 5%. According to Executive V.P., Mr. Gus Arrendale, the decision was due substantially to current excess supply and the high cost of chicken feed, particularly corn. According to Arrendale, “It’s a tough decision to...
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The other day, Corn Commentary posted an article on the link between the Grocery Manufacturers Association and the oil companies. Now, to be perfectly honest with you I haven't had much time to really dig into this further. But for some time I have been wondering why the oil companies have gotten so interested in food prices lately. They even went as far as funding a study into what is causing food prices to rise. Food manufacturers have for a long time been critical of ethanol, blaming it...
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The Retail Bakers of America (RBA) have urged congress to help with wheat prices. A group of the nation's flour millers and bakers came to Washington, D.C., during the second week of March to seek some relief to the problem of high wheat prices and relatively short supply. Their suggestions were to curb wheat exports until domestic needs were fulfilled and to allow land in the Conservation Reserve Program to be released without penalty. Cutting back on exports would indeed lower wheat...
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Wet byproducts from ethanol production are tricky to store for later use as cattle feed because of their high moisture content and threat of spoilage, but mixing them with drier, bulkier feeds improves storability, according to University of Nebraska-Lincoln research. UNL animal scientists have just completed research that devised formulas for mixing several widely available dry forages with wet distillers grains. Their findings could help feedlot managers and cow-calf producers purchase...
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Next time someone jumps on farmers for getting rich while families get stuck buying $3.75 gallons of milk, tell them corn growers make about 16 cents (4 percent of the purchase price) for that gallon. Then tell them labor and energy costs higher up the production chain account for nearly 60 percent ($2.18) of that price. The rest comes from a combination of other costs, like marketing and stocking at the store, equipment depreciation and plastics at the plant, not to mention a skyrocketing...
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