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Livestock
Higher corn prices are putting upward pressure on swine finishing feed costs. Purdue agricultural economist Michael Langemeier examines feed cost trends and shows how changes in corn and soybean meal prices could affect feed costs through 2027.
Read More about Impact of Higher Corn Prices on Swine Finishing Feed CostsCattle finishing is a tight margin business where profitability relies on feeder cattle prices relative to fed cattle prices and feed costs. This means that relatively high fed cattle prices, like we are experiencing in 2026, or relatively low feed costs do not necessarily translate into strong net returns. This article examines trends in feeding cost of gain, breakeven prices, and net returns for the last ten years.
Read More about Trends in Cattle Finishing Breakeven Prices and Net ReturnsIndiana corn prices averaged $4.45 per bushel in 2025, and futures markets suggest prices may remain below long-run averages into 2026. Lower grain prices imply reduced feed costs, but volatility in corn and soybean meal markets continues to create risk. This article examines recent trends in feed cost indices for farrow-to-finish and swine finishing enterprises and evaluates how changes in corn and soybean meal prices could affect feed costs in 2026.
Read More about What Lower Corn Prices Mean for 2026 Swine Feed CostsFarm income in Indiana gets a boost in 2025, but 2026 projections show renewed financial pressure. Here’s what’s driving receipts, expenses, and net income.
Read More about Farm Income Outlook for IndianaFifth-generation Indiana pig farmer Brian Martin joins Purdue Commercial AgCast to discuss how consolidation, labor shortages, state policy, and evolving production systems are reshaping the U.S. hog industry. He also highlights the value of internships, partnerships, and business strategy in modern pork production.
Read More about Pig Farming in Focus: A Conversation with Brian MartinDistiller’s dried grains (DDGs) are a co-product of ethanol production and a high-protein substitute for corn and soybean meal in livestock feed. DDG prices generally move with corn and soybean meal, but the relationship is not always predictable. Market disruptions and shifting feed demand can create wide price swings. Projections for early 2026 suggest a $145–$155 per ton range, yet small changes in underlying grain or meal prices could alter the outlook—making careful monitoring essential for livestock operations.
Read More about Explaining Fluctuations in DDG PricesGiven the large difference in prices received and projected net return prospects, it is not surprising to find a large difference in producer sentiment between crop and livestock producers in the August 2025 Ag Economy Barometer survey. In addition to differences in producer sentiment, larger percentages of crop producers expected to have larger operating loans in 2026, listed unpaid operator debt from the prior year as a reason for those larger loans, and were financially stressed.
Read More about Crop vs. Livestock Sentiment: Perspectives from the Ag Economy BarometerJim Jansen from the University of Nebraska-Lincoln, joins Michael Langemeier on this episode of the Purdue Commercial AgCast to discuss cash rent considerations for irrigation, pasture, and hay leases. They provide factors affecting cash rent including maintenance costs, insurance, and land productivity and emphasize the importance of clear lease agreements. Offering practical advice for both landlords and operators on fair rental agreements.
Read More about Irrigated, Pasture & Hay Cash Rent ConsiderationsFor a state such as Indiana, which is heavily reliant on corn and soybean receipts, the latest USDA-ERS net farm income forecast seems counter-intuitive. After two strong net farm income years in 2021 and 2022, net farm income has been below average for crop farms. Current projections for 2025 and 2026 suggest that net farm income will remain below average through at least 2026.
Read More about Projected Net Income per Acre for West Central Indiana Case FarmNeed help setting a fair lease rate for pasture or hay ground? This easy-to-use spreadsheet lets you plug in your own numbers—like stocking rates, hay yields, and land quality—to calculate a lease rate that works for both landlord and tenant. Whether you’re negotiating a new agreement or checking current rates, this tool helps take the guesswork out.
Read More about Pasture & Grass Hay Lease Spreadsheet Tool