Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

COSTS FOR #BEEF PRODUCTION OUTPACE RETURNS

#Illinois’ cattle-producing economy is trending downward, as farmers wrap up their second year of costs outpacing revenues. IFB Senior Economist Mike Doherty told Illinois News Network cattle producers have enjoyed profitable years recently, buoyed by low feed costs, but are now looking at narrower profit margins due to increasing supply, and because the cost of production hasn’t fallen as fast as feed costs.

This entry was posted in Agriculture News. Bookmark the permalink. Both comments and trackbacks are currently closed.