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A K-State beef systems specialist said the price of supplemental phosphorus mineral for cattle is rising into the fall and spring booking season. Many phosphorus sources in mineral are also used in fertilizer, which has risen in price.
Producers can offset costs by selecting supplements carefully and considering other phosphorus sources.
Rising fertilizer-linked phosphate costs lift the price of cattle mineral, which adds to beef producers' feed costs. The price pressure is expected to persist into 2022.
tscra.orgLisa BryantNov 10, 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.
