economic conditions
Livestock production as economic potential by regions in Hungary
Faculty for Agricultural Sciences, Keszthely, Hungary (1)
Department of Economics, Iowa State University Ames. Iowa, USA (2)
Many factors impact the economic environment for livestock production. Feed costs account for the largest portion of total costs for most livestock and types of livestock production operations. Corn cost is typically the dominant item. Thus, access to low cost feed can provide production cost advantages. Transportation costs also impact the competitive position of the livestock production. The future livestock production will be impacted by many forces. The following are issues and directions the livestock industry will likely take in the future.
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