Feeder Cattle Interest Rates, Grazing Land Values Pose Hurdles for Producers with Elliott Dennis

The most recent interest rate hike made by the Federal Reserve to combat to rising inflation marked the largest one-time increase since 2000 and was already the second increase of 2022 – and more may be on the way. With grazing land values also reaching near-record highs this year, feeder and fed cattle producers are encountering more hurdles to profitability. Feeder cattle producers are encountering near record-high grazing land values and fed cattle producers are experiencing high input costs and feeder-to-livestock interest rates. Both are posing significant hurdles to profitability. Dr. Elliott Dennis, an assistant professor and livestock marketing economist with the Center for Ag Profitability here at UNL, explains. Read more at https://cap.unl.edu/livestock/feeder-cattle-interest-rates-grazing-land-values-pose-hurdles-producers.