By Blake Jackson
Livestock producers continue to face mounting challenges as persistent drought conditions and increasing input costs place added pressure on feed supplies and farm profitability.
Specialists with the University of Missouri Extension are encouraging farmers and ranchers to take advantage of free online resources that can help improve feed sourcing and financial planning decisions.
One of the key tools being promoted is Feedstuff Finder, a free online platform designed to connect forage sellers with livestock producers searching for feed.
According to Ryan Milhollin, assistant professor of agribusiness management with MU Extension, the application allows producers to compare feed options while also estimating transportation costs to better understand the total delivered price. The tool is available nationwide at no charge for both buyers and sellers.
“Feedstuff Finder gives producers more transparency in the marketplace,” says Milhollin, “Whether you’re trying to sell hay or secure feed during tight conditions, current information on feedstuff opportunities by location can make a significant difference in your bottom line.”
As drought continues to reduce forage production in many regions, demand for tools that improve feed sourcing and pricing decisions is growing. Extension specialists say careful planning is essential when feed supplies become uncertain.
“When dealing with drought, having a solid inventory plan is critical,” says MU Extension agronomy specialist C. Tim Schnakenberg. “Producers should know what they have, what they’ll need and what their options are if conditions worsen.”
Schnakenberg also emphasized the importance of securing hay supplies early when inventories are more available.
Milhollin added that rising production expenses make enterprise budgeting increasingly important for maintaining profitability and making informed operational decisions.
Photo Credit: gettyimages-pamwalker68
Categories: Missouri, Crops, Hay & Forage