Feed Prices
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Beef and dairy producers throughout Idaho may soon be receiving steamflaked corn and calf grains from a newly expanded feed facility in the state.
Compared to all feed production, the global dairy industry showed a 10-fold reduction, down 2.28% in the past year.
Mike Simone, Executive Director of market Research and Intelligence with the National Cattlemen’s Beef Association, says high beef prices are here to stay for a while for several reasons.
California dairy farmer, Steve Maddox found a newfound love for Amazon Prime, who hauled premium alfalfa dairy hay from his Logan, Utah hay ranch to his Riverdale, Calif. dairy farm.
The combination of smaller yields and fewer acres harvested will translate into another year of rising hay prices, says the Livestock Marketing Information Project.
Livestock producers will face more feed cost inflation next year than they have in a decade, challenging their ability to recover from a difficult, volatile 2020.