Ag Economist Warns About Skyrocketing Feed Prices
By Fran O'Leary, Farm Progress
Corn prices have skyrocketed since last fall. “They are knocking on the door at $5.35 per bushel,” said ag economist Dan Basse, president of AgResource Co. in Chicago, during a Jan. 14 Dairy Signal webinar sponsored by Professional Dairy Producers.
Basse believes corn prices will climb to $5.70 to $6 by spring. “This is really changing margins,” he said.