As one of the most successful and longest-running management programs specifically crafted for farmers, the Purdue Top Farmer Conference is a one-day event for agricultural producers and agribusiness professionals looking to navigate the complexities of today's agricultural landscape. Participants will have the opportunity to network with peers and hear from farm management experts and agricultural economists from Purdue, Farm Credit Services of America, the University of Illinois Urbana-Champaign and Acres, a land value data analytics company.
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Livestock
This article discusses recent trends in feed costs for laying hens. A ration consisting of corn, soybean meal, dry distillers’ grain, soybean oil, and supplements was used to create the feed cost indices.
Read MoreThis article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations. It is important to note that the swine finishing enterprise represented in this article assumes the finishing of an early-weaned pig.
Read MoreFirst quarter net returns were a negative $10 per head, and the prospects for the second quarter are very dismal. In addition to discussing net return prospects, this article discusses trends in feeding cost of gain, the feeder to fed price ratio, and breakeven prices.
Read MoreRecorded April 28, 2020 | Purdue ag economists Jayson Lusk and James Mintert review the shifts in pork and beef production resulting from COVID-19 along with the impact these shifts have had on U.S. wholesale beef and pork prices as well as prices for cattle and hogs.
Read MoreProcessing plant closures sharply reduced livestock slaughter volume for both cattle and hogs in recent weeks. Federally inspected cattle slaughter the week ending April 25th, at 469 thousand head, was down 27% compared both to the first week of 2020 and the same week a year earlier.
Read MoreRecorded April 20, 2020 | Purdue ag economists Jayson Lusk, Michael Langemeier, and James Mintert examine COVID-19’s impact on U.S. food and agriculture.
Read MoreRecent disruptions to economic activity around the world as a result of the Corona virus have served to reemphasize the importance of trade to the U.S. pork industry. Trade in pork products has grown as the U.S. has turned into a pork export powerhouse.
Read MoreRecent 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.
Read MoreAt the end of 2019, fed cattle prices were $122.00. This increase in fed cattle prices had a large impact on cattle finishing profitability in the fourth quarter of 2019. Moreover, fed cattle prices are predicted to remain strong through at least the second quarter of 2020.
Read MoreCorn prices have been quite volatile in 2019. Corn prices in Indiana were approximately $3.70 per bushel in April, $4.55 in July, and $3.90 in December. Given the uncertainty regarding what gets planted to large amount of acres that were not planted in 2019 (i.e., prevent plant acres), corn prices are likely to also be volatile in 2020.
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