Cost of production in the cattle business has been a hot topic and an area of concern for cattle producers for many years. This topic gained more notoriety in 2022 when fuel, fertilizer and feed prices all increased about the same time. In fact, the price of most inputs increased over the past several years, which has resulted in a higher cost to produce cattle.
Compared to one year ago, the cost of fuel, fertilizer and feed has moderated to a small degree. However, one cost has tripled over the past 12 months. It is often an expense that goes unrecognized, but it is an extremely…
