Hottest Commodity of 2016 Is... Chicken Feed

In 2016, chickenfeed emerged as a hot commodity due to a global oilseed shortage, leading to a significant rise in soybean meal prices. Ethanol producers, who create dried distillers grains as a byproduct, have benefited from this demand as it serves as an alternative feed. While some poultry companies like Sanderson Farms are cautious, suspecting market speculation, the demand for alternative feeds has positively impacted ethanol plant margins.

What commodity is referred to as the hottest in 2016?

What is the primary reason for the increase in chicken feed prices?

What alternative product do ethanol producers create that can be used as chicken feed?

What concerns does Sanderson Farms have regarding the current rally in soymeal prices?

How do ethanol plants contribute to the livestock feed market?