High grain prices: what now?

Feed costs have always been a dominant portion of the cost of producing animal products across the world. The unprecedented rise in most raw material prices of all ingredients (following maize commodity prices closely) over the last 2 years has stimulated much interest in feed management and measures of the economic efficiency of feed use on farms. The biofuel industry has brought everybody, irrespective of crop failure or whether one’s producing biofuel, consistent high priced grain. Li