True or False: Feed is the largest single cost item in the production of livestock.

Feed indeed represents the largest single cost item in the production of livestock across various types of operations. This is because livestock require a significant amount of feed to grow, reproduce, and maintain health, and the cost of feed can fluctuate based on market conditions, availability of ingredients, and other factors.

In general livestock production, including pork, dairy, and poultry, feed costs can account for 50% to 75% of total production costs, emphasizing its critical role in the overall financial viability of livestock farming. While certain species, such as beef cattle or poultry, may have specific feed cost considerations, it is accurate to state that feed is a major expense across the board. Thus, the assertion holds true for the entirety of livestock production rather than being limited to specific types.