Effect on feed prices
More and more companies active in the food and feed business are starting to
express their concerns about the rising prices of raw materials for feed and
food, due to the use of these ingredients for biofuel production.
Although the price of maize will certainly increase as more is used to make ethanol, huge amounts of distillers grain, a by-product of ethanol production, will become available.
This, as well as soymeal, can be used to feed cattle and pigs and is likely to fall in price.
However, finding alternatives for the maize used by the poultry meat industry will be more difficult and the poultry industry will have to be more inventive in future.
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