Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

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Ag Outlook: Looking Beyond the 2020 Crop Year

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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U.S. Cattle & Hog Sectors

Chicago Federal Reserve 2019 presentation by James Mintert.

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Long-Term Trends in Pigs per Litter

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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Cattle Feeders Place More Heifers on Feed

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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Impact of Recent Changes in Corn and Fed Cattle Prices on Cattle Finishing Net Returns

This article discussed recent trends in feeding cost of gain, the feeder to fed price ratio, and cattle finishing net returns. Average cattle finishing losses in the first six months of 2019 were $52 per head.

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The Economic Importance of U.S. Animal Agriculture

Today, farms are much more specialized in crops or animals, and many fewer are in both. Has this changed the relative economic importance of crop and animal agriculture in the U.S.?

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Beef Herd Expansion Near End?

From the low point in 2014, beef cow numbers have expanded by nine percent. Total cow numbers including dairy cows are up seven percent.

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Impact of Higher Corn Prices on Swine Finishing Feed Cost

Corn price futures for the December 2019 contract increased from $3.79 per bushel for the week ending May 10 to $4.55 for the week ending June 28. Even though corn futures prices weakened after the release of the June crop acreage repor.

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Impact of Higher Corn Prices On Feeding Cost of Gain for Cattle Finishing

Corn prices have increased since mid-May and are expected to be quite volatile for the rest of the year. Each $0.10 increase in corn price results in an increase in feeding cost of gain of $0.87 per cwt.

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Will Pork Producers Have a Profitable Year?

Pork production was up four percent in the first-half this year, but the market did not see about nine percent more hogs coming to market in June.

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