Farms.com Home  › News

FCC notes rising feed costs cut into livestock profitability

FCC notes rising feed costs cut into livestock profitability

Inflation is affecting our Canadian way of life, as well as that of our livestock, as feed costs are up over 11.8 percent from last year.

By Farm Credit Canada

Although it’s difficult to predict doom and gloom when cattle and hog prices remain high in 2022, but Farm Credit Canada (FCC) noted that as the global economy continues its decline and export markets act against weaker conditions, pressure could be applied to prices.

Martha Roberts, a research specialist and Economic Editor with the FCC has delved into the state of today’s cattle and pig markets and examined global factors that will impact future prices.

Read how the “Spectre of demand destruction looms over livestock markets”. Click HERE.


Trending Video

After the Fire: Ranchers Tell Their Story After the Tartar Fire

Video: After the Fire: Ranchers Tell Their Story After the Tartar Fire

The Tartar Fire burned more than 158 thousand acres in Washington County near the town of Weiser, Idaho. Ranchers Tristan Winegar and Cody Chandler describe their experience with the fire, from fighting the flames to the response of the local community.