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Consider the following discussion It has been a tough year

Question : Consider the following discussion It has been a tough year : 6764

Consider the following discussion It has been a tough year in the poultry business with supply outpacing demand and feed grain prices rising substantially. But producers are hoping all that changes when the summer cook-out season starts. The seasonal upswing in chicken consumption, along with the anticipated jump in spot-market poultry prices, could bring some relief to produc ers whose profit margins have been slashed by surging corn and soybean-meal costs. Rising feed-grain prices, accelerated by the diver sion of corn to make ethanol, have pushed up the cost of producing a live chicken by as much as 65 percent over the past years. two Paul Zobro, Peanut utter Makers Face crunch," Wall Street (Online), 10, noducers in 2011. Price nch, Wall Street Journal. May

 

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