Cattlemen feeling the pinch of increased feed costs

Despite what appears to be a more bountiful harvest compared to last year, cattle farmers are continuing to experience the pinch of elevated feed costs. Hay prices have remained at record levels, corn co-product feeds have been slow to lower in price, and land values and pasture rents are still elevated, according to a University of Illinois beef extension educator. Meteer reported that hay prices have stayed at record levels because of depleted inventories due to last year’s drought, win