In the livestock sector, where feed accounts for 70% of total production costs, every fluctuation in commodity prices directly affects farm profitability and efficiency. Unfortunately, these fluctuations have become more frequent in recent years due to geopolitical tensions, climate change and logistical challenges. Such instability alone is a major challenge for farmers, added to which is the growing demand for sustainable practices. Producers now have to explore innovative solutions to maintain profitability while ensuring optimum animal performance.
One of the key strategies at this point is the use of alternative feed ingredients that can help reduce rising costs without compromising nutritional value. Traditional feed ingredients such as corn, soybean meal and wheat have long been the backbone of livestock and aquaculture rations. However, their prices are sensitive to global market dynamics. Producers can therefore reduce their dependence on traditional feed sources by utilising locally available, cost-effective ingredients. Yet, it may be difficult to achieve the required nutritional values and feed properties with these alternative ingredients. This is where feed additives come into the scene. Their use plays an important role in correcting nutrient deficiencies, increasing feed efficiency, improving nutrient absorption and supporting animal health and performance. This, in turn, will ultimately increase efficiency in terms of cost control.
Precision feeding, another critical component of cost management, enables producers to customise feed formulations to the specific needs of animals, minimising waste and improving feed conversion rates. Advances in technology now allow for real-time adjustments, enabling precise nutrient delivery while optimising costs.
As a result, there is no single simplistic solution to managing feed costs. It requires a holistic approach that includes alternative ingredients, targeted feed additives, precision feeding and strategic ration planning.
In this issue of our magazine, you can find research and expert opinions on some of these strategies.
Enjoy your reading… Hope to meet you in the next issue…
