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

DOUBLE STACKED BALES! - Tubeline - TL70

Video: DOUBLE STACKED BALES! - Tubeline - TL70

The TL Series inline bale wrappers are built to provide producers and custom operators with high efficiency and proven reliability.

To ensure that everyone can reap the benefits of the high moisture hay, Tube-Line Bale Wrappers are available in multiple configurations to suit your needs and your budget.