Concentrate feed costs have increased by between €120/t and €130/t compared to this time last year as farmers face a winter period of record-breaking feed costs.
An extra €2,000 will be added to the feed bill of a 35-cow suckler farmer keeping weanlings. A winter finisher will carry an additional €8,450 in feed costs for every 100 cattle sent to the factory next spring. Teagasc figures show that farmers will need beef prices to rise by close to €6/kg in order to just breakeven this winter.
Many farmers commented in the survey about the long-term viability of their farm in light of higher input costs.
Some are planning to cut stock numbers and/or cut feed usage to help manage costs.
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Title: Farmers facing record feed costs
Concentrate feed costs have increased by between €120/t and €130/t compared to this time last year as farmers face a winter period of record-breaking feed costs.
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Record feed costs are set to drive down cattle farmer margins this winter.
An extra €2,000 will be added to the feed bill of a 35-cow suckler farmer keeping weanlings. A winter finisher will carry an additional €8,450 in feed costs for every 100 cattle sent to the factory next spring. Teagasc figures show that farmers will need beef prices to rise by close to €6/kg in order to just breakeven this winter.
Many farmers commented in the survey about the long-term viability of their farm in light of higher input costs.
Some are planning to cut stock numbers and/or cut feed usage to help manage costs.
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