Cattle freight follows the price of diesel fuel. But how does that cost compare to the value of the load? Don Close, chief research and analytics officer for Terrain, completed a study on the history of livestock transportation costs. He presented his study's findings along with his outlook for transportation costs at NCBA's 2023 Cattle Industry Convention. Although cattle freight costs reached a new average high in 2022, the cost of that freight compared to the load's value will begin to moderate in 2023.
Don Close
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