3min chapter

Odd Lots cover image

This Is the Perfect Storm That Caused Grain Prices To Soar

Odd Lots

CHAPTER

High Feed Costs in the Feedlot

High feed costs, start to folks from a breeding cattle in order to feed or fatten to put into the pipe line. And so as a result, we're seen tat and in higher beef costs. We've seen cash cattle work their way up towards one 30, which is is considerably high. It was only a year ago that we were below a dollar a pound. Hogs have seen a huge burst to the upside because of what we thought would be some continued chinese demand. But again, just going back to like crop production, you know, honestly, no one stops and asks the cattle feeder what it costs to produce that head of beef.

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