Horse Food PricesPrices for horse feed
Five main drivers are responsible for the exploding cereal prices: biofuels output, severe worldwide climate conditions, high petroleum prices, exchange rate volatility and an increase in world food demands. Today, fuel produced from bioethanol is the most widely used regenerative feedstock. A multi-stage manufacturing method is used to produce bioethanol as an alternate vehicle for the automobile industry.
Subsequently, the sugars undergo digestion and the mixture is fermented and eventually converted into alcohol. Approximately half of the world's maize is grown in the United States, corresponding to about 307 million tonnes (MMT). By 2008, almost a third of the crop, about 105 MMT, will be used to produce ether.
Since 2000, when only about 15 MMTs were labelled for bioethanol use, this has soared. Maize prices rose significantly due to the increase in supply of bioethanol. Growers have opted to grow maize instead of other crops because maize has become more lucrative. However, excess cultivation of maize has reduced the areas available for other crop types, making them more scarce and thus more expensive for animal feeding producers.
A number of agroeconomists believe that the bioethanol bubble is decelerating. As maize prices rise, bioethanol growers are confronted with higher inputs and therefore no longer realise the profit they once made. Numerous unhappy meteorological events have led to increasing animal feeding stuffs prices. Moreover, an unusually arid vegetation period throughout the whole of North Europe endangers cereal crops.
The recent rise in the price of crude has had a knock-on effect on increasing animal feeding stuffs prices. Primarily, the price of crude affects the production, cultivation and yield of plants. Moreover, the price of crude also affects transport charges, as grain is transported from place to place, sometimes even abroad. Lastly, high prices for crude fuel are driving up production prices for animal feedingstuffs.
Exchange rate fluctuation Most international grain is sold in US Dollars. A number of analysts assume that about one third of the recent increase in maize prices is due to the weaker US Dollar. Billions of consumers are purchasing more food than ever before, especially in thriving China and India.
Humans in these lands have the means to buy food instead of cultivating their own. For example, rising levels of eating of meat products in these markets have contributed to an increase in cereal production. China's consumer spending on bovine meats has risen by 26% since 2000, and pigmeat, which was already a favourite food, has risen by 19%.
Greater quantities of cereals are needed to supply livestock destined for humans. Ecologists assume that three main reasons are responsible for rising cereal prices: 1 ) Biofuels, meteorological events and petroleum prices; 2) Exchange rate movements and 3) Assets in EM. Equine horse lovers should be aware of the unavoidable rises in the price of animal feedingstuffs that have taken place recently.
Several of the elements that have led to the recent upturn may not be so negative in the near term (e.g. the climate may allow high yields), and consumer sentiment may ease slightly. If you take a few moments to analyze your business plans, you may be able to find ways to reduce them.
Certainly some of our breeders like to see their horse more fleshy than necessary. Obesity often puts a burden on the horse owner's household budgets because they use up too much concentration. As a rule, a horse keeping its own food diet does not need a concentrated feed.
Minimize feed consumption Horse feed has developed on feed -only feeds. Therefore, feed should be the main ingredient of a horse's nutrition. Although all feed provided to the horse should be free of dusts, mould, fungus, straw and impurities, the feed grade may differ according to the kind of horse to be feed.
Working with a grower will help make sure you use appropriate food for the horse you are nurturing. In the past, when a feeding stuff component became too expensive to be incorporated into horse feedingstuffs, an alternative was available. Prices for all animal food additives have risen.
The prices for maize, grain, barley and soya have peaked at historic heights. In addition, there will be higher cost of other constituents such as vitamin and mineral supplements, and higher animal food prices. In order to preserve the livestock feedingstuffs' intrinsic qualities, producers must ask the consumer to bear the cost. Unless a producer increases prices, there is a risk that high value cereals will be substituted by low cost cereals, which will reduce the nutrient value of the forage.
Certain equines need enriched concentrate to thrive and work because they cannot absorb enough energy from the food to reach their genetical potency or to achieve optimum nutrition. Although the bar display can be a bit higher, there is no comparision of nutrient value.