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

Future Interest Rate Cuts Unlikely

Video: Future Interest Rate Cuts Unlikely

On the Record, brought to you by Associated Equipment Distributors, we look at the impact interest rates are having on the ag market. In the Technology Corner, Noah Newman visits with strip-tiller Robert Boyle. Also in this episode, coverage from the first-ever Ag Equipment Intelligence Executive Summit, CNH moves to a dual branding model and Ritchie Bros. completes its acquisition of BigIron.