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  • Valley dairies struggle with high feed prices

    10/30/2010 3:24:39 PM PDT · by pterional · 17 replies
    The Fresno Bee ^ | Friday, Oct. 29, 2010 | Robert Rodriguez
    Still wobbly from nearly a two-year price skid, California's struggling dairy industry is suffering another blow: rising feed costs. Feed prices have spiked in the last several weeks, jumping nearly 30%. A smaller-than-expected Midwestern corn crop, competition among ethanol producers and fewer alfalfa acres have all contributed to higher feed costs. And analysts expect feed costs -- a major expense for dairies -- to remain strong through at least the beginning of 2011. That comes as bitter news to dairy operators who lately had been benefiting from higher milk prices Read more: http://www.fresnobee.com/2010/10/29/2137871/valley-dairies-struggle-with-high.html#ixzz13snR6BYz