U.S. corn buyers are looking to Brazil for supplies as domestic prices continue to rise and supplies remain low due to the ongoing drought, according to reports by the Financial Times. The livestock, poultry and ethanol industries have been particularly challenged, as 88 percent of the U.S. corn crop sits in drought-hit regions.
“This is not something that happens — a boatload of corn coming in for use in U.S. feeding operations," said Erick Erickson, director of global strategies at the U.S. Grains Council. "This is an unusual thing.” According to port records, 2008 was the last year foreign bulk corn arrived on the U.S. mainland, and it was in the form of seeds. Traders say meat companies along the U.S. east coast can purchase Brazilian corn at a $12-per-metric-ton discount to U.S. corn. Chicago corn futures reached a record $8.24½ per bushel on July 20, or $324 per metric ton.
While the U.S. is still expected to supply 40 percent of the corn traded on the world market, Brazil has been enjoying a bumper crop and is competitively pricing its goods. According to the U.S. Department of Agriculture, Brazil will export 14 million metric tons of its record 70 million metric ton harvest. “The U.S. produces almost six times more corn than Brazil, but the U.S. has already used up a lot of its land and if Brazil can offer a good price…and we can improve our logistical problems, I think we can become a big exporter, including to the U.S.,” said Alysson Paolinelli, head of Brazil's national association of corn producers.
Near-record meat prices spur demand for animal feed
extension outreach appointment, Dr. Tom Overton, professor of dairy management
within Cornell University’s College of Agriculture, spends much of his time
working with NY dairies, their nutritionists and vets on issues related to
transition cow management. In his opinion, one of the areas of opportunity for
dairy farms can be found in the management of the pre-calving diet. With
his team, Overton is currently involved in a commercial research study involving
55 farms focused on the influence of particle size on dry cow diets. “We’re
finding that diets are quite sortable with large differences in particle size
distribution,” Overton explains. “[The industry] needs to do a better job in
terms of particle size to make [the rations] less sortable.” In a
total mixed ration, sorting is problematic because cows tend to favor the grain
component and therefor may not consume the necessary fiber and nutrients. In
this video, Overton discusses his team’s research involving pre-calving dairy
diets at the World Dairy Expo. The 2014 edition of
the World Dairy Expo, which was held in early October in Madison,
WI, drew more than
300,000 visitors from roughly 90 countries. The event featured 2,500 head of
dairy cattle and more than 250 exhibitors.
Webinar discuss feed enzymes for poultry feed millers
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