Feed prices are driven by supply, demand and the price of alternatives. Winter feed presents the largest variable cost for producers. As producers look for ways to protect margins and minimize losses this fall, there are opportunities to be found in examining low-cost feed alternatives.
While the cost of some inputs cannot be controlled by any one operation, producers can control their budget for high-quality rations. Knowing where a crop may fall short on nutrition is a critical first step, and a feed test will point out where supplementary nutrients may be required for a herd. The next step is sourcing nutrients at the lowest price, choosing from a variety of feedstuff that offer nutrient balance. The Beef Cattle Research Council’s Winter Feed Cost Comparison Calculator is a decision-making tool that helps producers compare the cost of feed alternatives available in their area.
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