High cost of hay in Alberta could drive up beef prices, put livestock producers out of business

A spike in  hay  prices in Alberta and across much of Western Canada has some livestock producers fearful of what’s to come.

A lack of feed could not only make the beef on your plate more expensive — it could also put producers out of business.

“We have about 1,100 head on the ranch we have to feed this winter,” TK Ranch co-owner Colleen Biggs said.

“We have a widespread drought across Canada, basically right from western Ontario all the way to central British Columbia, and this has created a significant feed shortage all across the country,” Biggs said.

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