We wrap up the first half of our Northwest Farm Credit Services quarterly commodity snapshot series, we do so taking a look at livestock. Bill Perry, Vice President at NWFCS said thanks to the drought, the cattle industry is expected to see unprofitable returns.
“Drought will force producers to carefully evaluate retention of breeding stock and marketing plans.”
When it comes to the dairy industry, Perry says Northwest Farm Credit Services anticipates slightly profitable returns.
“Continued increased feed costs will compress producer profitability. Risk management strategies will be increasingly important as government assistance wanes.”
Join us Tuesday as we take a look at Northwest wheat and hay.
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