date:Aug 17, 2012
Global commercial poultry production depends on feedsproduced from corn, soy and other grains, all of which areimportant inputs. Because of drought in important agriculturalarea of the USA, global corn and soybean supplies areinsufficient. Meanwhile, financial speculation has worsened thesituation, sending corn and soy prices to record levels, as wellas driving up the price of alternative feed crops, such as wheat.Moreover, poultry production consumes 44% of the worlds supplyof food animal feeds