Vt. ag officials: Feed prices may drop - WCAX.COM Local Vermont News, Weather and Sports-

Vt. ag officials: Feed prices may drop

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MONTPELIER, Vt. -

Some good news for dairy farmers next year-- agriculture officials say feed prices could drop.

Vermont agriculture officials say this year was all right for farmers, and the outlook appears better for next year.

The wet spring hurt local corn production, forcing farmers to buy more feed. And there was concern those prices would rise steeply because of proposed changes in ethanol standards, which would have diverted more corn supplies into fuel production. But those changes never went through.

"So more corn will be available, less going into ethanol, which should help to lower that price to farmers overall. Still fairly high price for soybeans, but it will be a little better on the feed costs, which are at least 75 percent of the cost to farmers to produce milk," Vt. Deputy Agriculture Secretary Diane Bothfeld said.

The price per gallon of milk to farmers is also expected to stay the same next year, as long as a new farm bill is passed. That is expected to be taken up in Congress again next month.

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