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Livestock
Recent trends in feed costs for farrow-to-finish and swine finishing enterprises, and projections for 2020. Feed costs are expected to be similar to that experienced in 2019. However, current projections have a wide band around them.
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Top Farmer 2020 slidedeck presentation by Chad Hart, Associate Professor of Economics, Iowa State University. Examine the current outlook for corn and soybeans, but also take a longer view of what’s ahead for the U.S. ag economy and the management implications for the next several years.
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Welcome to our annual outlook issue of the Purdue Ag Econ Report (PAER), where we look back at last year and ahead at economic conditions for agriculture in 2020. This year we are diving into the following topics: the U.S. economy, trade conflict impacts, food prices, animal industries, corn & soybeans, and cash rents and land values.
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A simple linear trend was used to predict pigs per litter for each year. The annual growth rate in pigs per litter was 0.10 pigs per year or 1.07 percent. This may seem small, however, over the 26-year period, this equates to 2.57 pigs or an increase of approximately 32 percent.
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USDA’s October Cattle on Feed report, released on Friday, October 25th, indicated that the nation’s on feed inventory of 11.3 million head was about 1% smaller than a year ago, but still more than 4% larger than two years ago.
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