Blog Post

Peter Costello tells lotfeeders to “prepare for headwinds”

Former Federal treasurer Peter Costello giving an in-depth analysis of the global economic outlook to the crowd at BeefEX.

FORMER Federal treasurer Peter Costello has told the Australian lotfeeding industry to prepare for inflation and interest rates to keep rising as governments and central banks continue struggling to contain the cost of doing business.

Few parts of the beef supply chain have seen the effects of inflation like lot feeders, with the rising cost of feedgrain, cattle, diesel and gas all having an impact on the bottom line.

Mr Costello addressed the issue in a well-crafted…

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