THE lotfeeding industry, much like many other sectors in agriculture, is grappling with numerous challenges this year.
The industry is still reeling from the aftermath of the pandemic, with a disrupted supply chain causing ongoing delays and logistical hurdles that adversely affect profitability. Additionally, the cost of feedstuffs, especially grains, has surged significantly, leading to a rise in the cost of production.
Adding to the woes, cattle prices have recently plummeted, further compounding the difficulties for lotfeeders who made purchases during the peak period.
However…
