Rising cattle feed costs are a huge issue in the ranching sector. Here's a breakdown of recent forage price changes.
Rising feed costs are undoubtedly one of the largest challenges currently facing the ranching sector. That’s especially true for the coming winter following the widespread drought of 2012, which has created some serious hay shortages throughout the country. Meanwhile, acreage competition has also served to underpin hay costs in recent years. The bottom line is it will cost more to feed cows through the winter months than ever.
How is your operation coping with the dwindling hay supply and higher beef cattle feed costs? Leave your thoughts in the comments section below.
You might also like: