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Tight soy supply increases the cost of organic feed

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Tight soy supply increases the cost of organic feed

Producers of organic poultry and livestock are preparing for higher feed costs in 2022.

Peter Golbitz, CEO of ag consulting firm Agromeris, said this was due to a shortage of organic soybeans in the United States and around the world.

“It means prices will stay high (and) supplies will be very tight, and we are competing for supplies, so (the United States) will have a few more to ease that situation. You’ll be importing more whole grains, not meals, over the months. “

He tells Brownfield that a 70% increase in organic soybean prices will be felt by feed buyers and consumers, and encourages organic livestock producers to develop local supplies.

“These poultry producers are in areas where soybeans are also produced and may be working with farmers.”

Gorbitz says he did that earlier this year when Bell & Evans partnered with Cargill to move 50,000 acres to certified organic.



Tight soy supply increases the cost of organic feed

https://brownfieldagnews.com/news/organic-feed-costs-to-rise-on-tight-soy-supplies/ Tight soy supply increases the cost of organic feed

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