Date: January, 2009
Abstract: One of the most significant issues facing the United States (U.S.) meat industry is higher input costs as producers continue to deal with higher costs for feed and energy. With feed costs in most years accounting for between 50 percent and 70 percent of livestock production costs, even the slightest increase in feed costs can have a huge impact on margins. The direct impact on the meat industry was dramatic with feed costs estimated to have increased 25 percent to USD 47.9 billion in 2008. Despi...
Research Type: North American Outlook