Feed costs remain the single most significant expense for any cattle producer. Depending on different factors, this expense can easily be half of the total annual expenses for a rancher.
Now, that amount can vary depending on the time of year and forage conditions. In a drought situation, feed costs can total 70% of the total yearly costs of raising cattle. It may seem challenging to reduce feed costs without sacrificing production.
Some would have no problem with that, but the profitable producer knows that productivity is the key to a successful operation. But all is not lost. There are five steps to reduce feed costs without sacrificing productivity.