Definition of Custom feeders

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TeachMeFinance.com - explain Custom feeders



Custom feeders

The term 'Custom feeders ' as it applies to the area of agriculture can be defined as ' Producers who provide the service of feeding animals (e.g., cattle, hogs) they do not own, in return for a fee paid by someone else (such as a packer) who does own the animals. Custom feeding potentially provides packers with more control over supplies and prices of animals. Custom feeding is a form of vertical integration'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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