Feed costs refer to the expenses associated with purchasing food for livestock, such as cattle, pigs, and poultry. These costs can vary based on the type of feed, market prices, and the nutritional needs of the animals. Farmers must carefully manage these expenses to ensure their operations remain profitable. Factors influencing feed costs include crop yields, transportation costs, and global market trends. When the price of grains like corn and soybeans rises, feed costs typically increase as well. Understanding these dynamics is essential for farmers to make informed decisions about their livestock management and overall budget.