This week’s poll asks: What’s your biggest industry worry?
As a young beef producer, I have my fair share of concerns about the cattle business. Obtaining the credit to purchase cattle, land, feed and equipment is a constant struggle. Maintaining a steady cash flow to pay the bills is of equal concern. In addition to increased input costs, new pressures from animal rights activists and politicians worry me. How will new regulations and policies change the way I do business? Meanwhile, unfounded consumer concerns about the safety and wholesomeness of beef leave me fearful about how they might impact demand?
Nonetheless, it’s an exciting time to be in the beef industry, and my enthusiasm never wavers for my chosen life in agriculture. However, the challenges we face are daunting, and this week’s poll on the beefmagazine.com homepage wants your input on the biggest challenges you face as a beef producer. Vote in the poll here.
What’s your biggest industry worry?
So far, 56% of you say it's growing government regulations. Another 31% of respondents say it is increased input costs. Another 9% say consumer demand, while the remaining 5% cite other concerns.
So, what’s your take? What's your biggest concern about the cattle business? If not listed above, what are you most worried about? Most importantly, how can we overcome some of these industry hurdles?