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Urea going up, beans are worthless.
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Beefbiz
Posted 9/20/2018 10:45 (#6998643 - in reply to #6998364)
Subject: RE: Urea going up, beans are worthless.


all over Iowa

That is interesting. Our feed value calculator (which would use different formulas than U of Missouri) calculates it to $6.65/bu, which is really close.

That is the value compared to corn and soybean meal. When you compare it to other co-products that value goes down even more.  You can see this in your numbers where $220.62/ton ($6.62/bu) is the breakeven value of the soybeans, while the purchase cost of the DDGs is $75/ton under its breakeven price.

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