Rain delays cause rise in feed prices

Slow harvest increases corn, soybean prices

October 28, 2009
A high quality pellet can potentially return 6 percent to 7 percent in feed efficiency response, according to Dr. Joel DeRouchey. For some producers this may be a worthwhile investment.
A high quality pellet can potentially return 6 percent to 7 percent in feed efficiency response, according to Dr. Joel DeRouchey. For some producers this may be a worthwhile investment.

Corn and soybean prices are rising as the harvest waits in wet fields, according to reports. The Chicago Board of Trade was selling corn for approximately $3.70 a bushel and soybeans at $9.73.

The U.S. Department of Agriculture released an update stating only 14% of corn and 13% of soybeans have been harvested.

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