Tight margins for livestock producers expected into the future
Both beef and pork should see improved market prices in 2021, but breakevens and profits could be threatened by rising feed costs, said Iowa State University (ISU) Extension and Outreach ag economist Lee Schulz last week during a session of ISU’s annual Pro Ag Outlook.
“One thing I’ve been highlighting is that in 2020, producers were on defense most of the year. As we got into the downturn of...
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