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Ranchers.net
Went and picked up a Ton of feed at feed mill Saturday. Was comparing it to last year at this time and same ration is almost $100,00 a ton higher than last year. Across the board it is around 1/3 higher this year. Corn almost doubled in price.
Wondering if it is Drought conditions across the area, market adjustments for higher gas prices or maybe a combination of both and throw in the rise in ethanol production.
Sure not a good thing to be happening at same time calf prices are coming down.