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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

Crop duster agplane flying action Conger Minnesota Air Tractor Bell 206 Jet Ranger Airailimages

Video: Crop duster agplane flying action Conger Minnesota Air Tractor Bell 206 Jet Ranger Airailimages

It's summertime in Minnesota as a yellow Air Tractor agricultural application aircraft -- a crop duster -- responds to the control inputs of its pilot in a low-altitude dance just above the tops of the cornstalks. Enjoy! And we found a Bell 206 Long Ranger spray helicopter perched on a support truck at the edge of the cornfields, and launching from there. In our video, you can occasionally hear the rotor sounds of the crop-dusting helicopter as we see the yellow Air Tractor in a nearby field.