Times are really hard for businesses in general and Farm Businesses in particular.
Historically burdened by erratic socio-economic conditions and marketing challenges, the prolonged global pandemic crisis has hit farmers hard, causing unprecedented rises in prices of their most critical inputs.
For livestock farmers, that has been mainly feed ingredients like Maize and Soyabean, among others, which they use to produce feed for their animals.
Unable to increase the prices of their farm products to cover the increasing costs, especially since their customers are also battling lower incomes, farmers have to look inward.
One area of opportunity in this regard is something I’ve written severally about i.e. VARIABLE COST REDUCTION (VCR).
Click here to download and read the full PDF.
