PRICES for some of the key commodities that make up feedlot rations have come down in the past month, as widespread rain sets in across large parts of eastern Australia.
High ration costs were a feature of last year’s cattle market crash, with some lotfeeders telling Beef Central at the time that it was cheaper to buy kilograms than put them on with expensive rations.
While many factors were forcing prices up, one of the main reasons was drying out grazing conditions and a shortage of paddock feed pushing producers towards commodities like cottonseed, hay and grain.
As the rain set in…