Sunday, July 10, 2022

Livestock Producers Days Away From Animal Feed Shortages?

Livestock producers now just DAYS away from running out of animal feed due to supply chain disruptions



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.

Members of the National Grain and Feed Association (NGFA) say that the issues they now face really started ramping up late last winter and early spring. This prompted the Surface Transportation Board (STB) to hold a hearing about the matter, but so far nothing has improved.

The hope was that once summer arrived, the situation would resolve itself at least somewhat. Instead, the problem has worsened, including labor issues that are getting worse, not better.


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