How profitable are BIOMIN NGPsTM in times of increasing feed costs?
Published:December 17, 2007
Summary
What has happened to the prices for feed ? In the press release, prices for soybean, maize, wheat and barley have jumped from an average price of around 120 €/ tonne during the summer 2006 to 200 €/tonne a year later, which represents an increase of almost 70%. There is a distinction between shrinking supplies and increasing demand. Shrinking supplies are mainly due to dry weather and ...