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

14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

Video: 14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”!

New technical breakout in KC wheat and canola futures.

May weather forecast remains cool/wet for U.S. east but dry out west.

S&P 500 surged +14% in April to new record highs!

Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting global grain production.

UAE leaving OPEC on May 1 while OPEC + looking to increase output again.

U.S. farm bill passes after 5 long years! E15 + top winners and losers in April CFTC and more.