I-29 Dairy Corridor Feed Ingredient Evaluation December
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Feed Ingredient Evaluation I-29 Dairy Corridor Fernando Díaz DVM, PhD Dairy Nutrition and Management Consultant GPS Dairy Consulting, LLC 605.690.8122 cell 1910 Lincoln Lane | Brookings, SD 57006 [email protected] |www.gpsdairy.com December, 2016 Feed Ingredient Evaluation is a meaningful decision-making tool for ingredient purchasing. By thoroughly reviewing feed nutrient values and having extensive experience with a multitude of ingredients, Feed Ingredient Evaluation can be used as a robust calculation of nutrients that drive ingredient value and buy- sell price points. Reports are generated for specific geographical areas on a regular basis. Under-priced Neutral-priced Over-priced The largest price changes this month were for blood meal (Nov $1185, Current $1045), sunflower meal (Nov $205, Current $169), and meat/bone meal (Nov $280, Current $240). All other feeds had price changes ≤$30, with several not changing at all from last month. Actual Predicted Pred.- Act. Price Price Difference Lower Limit Upper Limit Corn Distillers, dry 90DM $121.0 $234.7 $113.7 $223.7 $245.8 Corn, ground $125.0 $209.7 $84.7 $194.8 $224.6 Meat and Bone Meal $240.0 $316.4 $76.4 $300.9 $331.8 Soybean Meal, 48CP $300.0 $326.2 $26.2 $308.6 $343.7 Wheat Midds $117.0 $142.6 $25.6 $132.5 $152.8 Bakery Meal $180.0 $202.6 $22.6 $188.9 $216.3 Corn Gluten Feed $147.0 $164.2 $17.2 $155.3 $173.0 Corn Silage, 35DM $38.0 $53.0 $15.0 $48.8 $57.2 Alfalfa Hay 150RFV $125.0 $138.7 $13.7 $125.1 $152.3 Hominy $172.0 $178.1 $6.1 $167.3 $188.8 Malt Sprouts $130.0 $126.9 -$3.1 $115.4 $138.4 Beet Pulp, dry $150.0 $146.0 -$4.0 $132.5 $159.5 Soy Hulls $93.0 $86.7 -$6.3 $65.0 $108.3 Corn Gluten Meal $565.0 $558.4 -$6.6 $520.7 $596.1 Soybean, raw $317.0 $309.2 -$7.8 $295.1 $323.3 Soybean, steam flaked $377.0 $359.9 -$17.1 $347.0 $372.9 Canola Meal $245.0 $223.2 -$21.8 $210.3 $236.1 Sunflower Meal $169.0 $103.6 -$65.4 $88.0 $119.3 Cottonseed, whole $260.0 $192.2 -$67.8 $176.6 $207.8 Wheat Straw $80.0 $11.4 -$68.6 -$15.0 $37.8 Tallow $570.0 $496.3 -$73.7 $443.4 $549.2 Molasses, 60% blend $320.0 $119.4 -$200.6 $109.0 $129.9 Blood Meal $1,045 $671.0 -$374.0 $620.6 $721.5 Ingredient Confidence Interval (CI)
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Transcript of I-29 Dairy Corridor Feed Ingredient Evaluation December
Feed Ingredient Evaluation I-29 Dairy Corridor
Fernando Díaz DVM, PhD
Dairy Nutrition and Management Consultant
GPS Dairy Consulting, LLC
605.690.8122 cell
1910 Lincoln Lane | Brookings, SD 57006
[email protected] |www.gpsdairy.com
December, 2016
Feed Ingredient Evaluation is a meaningful decision-making tool for ingredient purchasing. By thoroughly
reviewing feed nutrient values and having extensive experience with a multitude of ingredients, Feed
Ingredient Evaluation can be used as a robust calculation of nutrients that drive ingredient value and buy-
sell price points. Reports are generated for specific geographical areas on a regular basis.
Un
der
-pri
ced
set
Neu
tral
-pri
ced
O
ver
-pri
ced
set
The largest price changes this month were for blood meal (Nov $1185, Current $1045), sunflower meal
(Nov $205, Current $169), and meat/bone meal (Nov $280, Current $240). All other feeds had price
changes ≤$30, with several not changing at all from last month.
Actual Predicted Pred.- Act.
Price Price Difference Lower Limit Upper Limit
Corn Distillers, dry 90DM $121.0 $234.7 $113.7 $223.7 $245.8
Corn, ground $125.0 $209.7 $84.7 $194.8 $224.6
Meat and Bone Meal $240.0 $316.4 $76.4 $300.9 $331.8
Soybean Meal, 48CP $300.0 $326.2 $26.2 $308.6 $343.7
Wheat Midds $117.0 $142.6 $25.6 $132.5 $152.8
Bakery Meal $180.0 $202.6 $22.6 $188.9 $216.3
Corn Gluten Feed $147.0 $164.2 $17.2 $155.3 $173.0
Corn Silage, 35DM $38.0 $53.0 $15.0 $48.8 $57.2
Alfalfa Hay 150RFV $125.0 $138.7 $13.7 $125.1 $152.3
Hominy $172.0 $178.1 $6.1 $167.3 $188.8
Malt Sprouts $130.0 $126.9 -$3.1 $115.4 $138.4
Beet Pulp, dry $150.0 $146.0 -$4.0 $132.5 $159.5
Soy Hulls $93.0 $86.7 -$6.3 $65.0 $108.3
Corn Gluten Meal $565.0 $558.4 -$6.6 $520.7 $596.1
Soybean, raw $317.0 $309.2 -$7.8 $295.1 $323.3
Soybean, steam flaked $377.0 $359.9 -$17.1 $347.0 $372.9
Canola Meal $245.0 $223.2 -$21.8 $210.3 $236.1
Sunflower Meal $169.0 $103.6 -$65.4 $88.0 $119.3
Cottonseed, whole $260.0 $192.2 -$67.8 $176.6 $207.8
Wheat Straw $80.0 $11.4 -$68.6 -$15.0 $37.8
Tallow $570.0 $496.3 -$73.7 $443.4 $549.2
Molasses, 60% blend $320.0 $119.4 -$200.6 $109.0 $129.9
Blood Meal $1,045 $671.0 -$374.0 $620.6 $721.5
Ingredient Confidence Interval (CI)
