New cheaper turkey feed could help producers increase profits

Feeding turkeys has become a costly issue to turkey farmers in the US, and the cost of the feeds account for up to 70 percent of production. Now a University of Missouri researcher has produced a cheaper turkey feed, which could fill turkeys and producers pockets. "Cost reduction is a critical concern in the industry," said Jeff Firman, a professor in the MU College of Agriculture, Food and Natural Resources. "High feed costs pose long-term problems to the industry and make it difficult to maintain a competitive edge against other sources of protein, such as pork and chicken." Read more ...

Premium chicken producer in the US to close

Fulton Valley Farms a premium chicken producer in California is to close early next year, putting 185 people out of work. The main reason is feed price costs, the high feed cost have disallowed the company from carrying out their business model. "Fulton Valley Farms, has been sold to a Chinese buyer that does not plan to keep it going at least in the near future", Chief Executive Officer Andrew Carlson. Read more ...