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A K-State beef systems specialist said the price of supplemental phosphorus mineral for cattle is rising and expected to climb further into the spring booking season. Many phosphorus sources used in mineral products are the same ones used in fertilizer, which has also risen in price.
Producers can cut costs by choosing supplements carefully and counting other phosphorus sources.
Higher fertilizer-grade phosphate costs pass through to cattle mineral prices, raising feed costs for beef producers. Buyers should expect firm phosphorus input prices into 2022.
ksre.k-state.eduShelby VarnerNov 4, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
