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Title: Livestock producers now just DAYS away from running out of animal feed due to supply chain disruptions
Source: [None]
URL Source: https://www.newstarget.com/2022-07- ... -out-animal-feed-collapse.html
Published: Jul 10, 2022
Author: Staff
Post Date: 2022-07-10 10:19:56 by Horse
Keywords: None
Views: 180
Comments: 1

Food and other consumer goods are no longer making their way from point A to point B in the United States, which faces crippling supply chain bottlenecks that threaten to cause mass starvation.

The latest complaint comes from the livestock industry, which says it is just days away from an animal feed crisis if rail lines fail to get their act together, and quickly.

According to reports, many feed users in California and other southwestern states are having to pay $3 more than the CBOT (Chicago Board of Trade) price to secure grain shipments by truck as rail bottlenecks are not only not improving, but in some cases worsening.

AgWeb says that not only are feed users on the brink of running out of grain entirely, but there are also widespread concerns that, come autumn during harvest time, the situation will be exponentially worse.

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#1. To: Horse (#0)

A feed shortage would seemingly mean ranchers will need to send more cattle to slaughter, which would increase meat supply and lower prices in the immediate future, but then mean a shortage in the medium to long term.

Pinguinite  posted on  2022-07-10   10:56:25 ET  Reply   Trace   Private Reply  


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