The North Dakota State University reported that rising fuel and feed costs are driving cow-calf production to high numbers.
The harsh winter did not help current economic conditions either. Over the last ten years the escalation costs have greatly increased not only with feed, but energy costs as well.
From 2003 to 2008 numbers show the costs of feed per cow went from $234 to $288 and total costs went from $361 to $454.
“These trends in increased total costs have been with us for some time and are certainly not all related to increases in the cost of feed,” Greg Lardy, beef cattle specialist at NDSU, said. “Other costs such as labor, fuel and miscellaneous inputs have also increased over this time period. In fact, fuel costs have increased by over twofold in this time period as well.”
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