date:Oct 10, 2012
as the cost of feed increases, Michael Schlotman, chief financial officer for Cincinnati-based Kroger Co. (KR), the biggest U.S. grocer, said on a conference call with analysts Sept. 7.
Loss Program
U.S. farmers lost the Milk Income Loss Contract Program, which protects producers from high feed costs, when it expired Sept. 30. The end of the subsidy may have a limited impact for now because feed prices typically decline at the end of the harvest, said Vincent Smith, an agriculture economics p