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Higher feed prices.
Feed prices rose.
"Livestock producers are getting killed out here with feed prices".
Feed prices, meanwhile, have risen rapidly in recent years.
When feed prices are high, farmers raise fewer pigs, which tends to push pork prices up and feed prices down.
Eggs, milk and pork production are expected to decline because of the increase in feed prices.
That suppresses feed prices, which make up 50-70% of total costs.
Rising feed prices were the final straw for Dillard & Company, which decided to close last January.
The increase in feed prices has caused many cattle producers to sell off or cull their herds.
Mr. Perry has sharply criticized the mandates as governor, saying they drive up feed prices for Texas cattle ranchers.
Meat producers are demanding that the Obama administration waive the ethanol quota to ease rising feed prices.
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CEO of Professional Science Editing for Scientists @ prosciediting.com