Top Farmer Conference: January 10, 2025

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

Pork Industry’s Sustainable Expansion

The pork industry has been in expansion now for three years dating back to 2014 when the PED virus reduced pork supplies and sent hog prices to record highs.

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Red Ink Reappears in the Cattle Finishing Sector

Cattle finishing net returns were positive from December 2016 through August 2017. Moreover, net returns were above $300 per head during March, April, and May.

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Cattle on Feed Inventory Remains Higher Than a Year Ago

USDA released its August Cattle on Feed report on August 25, along with the monthly Livestock Slaughter report. The two reports provide some updated information to use in projecting future cattle and beef supplies.

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Increase in U.S. Calf Crop Points Towards Larger Beef Supplies in 2018-2019

This is the third consecutive year that the calf crop size has increased after bottoming out at 33.5 million head in 2014.

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Weather Clouds Pork Outlook

Pork producers are watching the weather forecast almost as intently as crop producers. Higher feed prices driven by weather forecast are now a new threat to their returns.

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Hog Prices Continue to be Higher this Year

Generally, for agricultural commodities, larger supplies result in lower prices. This year’s hog market is going against that adage with higher supplies and higher prices.

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Feed Cost Indices for Laying Hens

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.

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Cattle Finishing Net Returns in 2017 – A Bit Different from a Year Ago

This article discusses prospects for feeding cost of gain, the feeder to fed cattle price ratio, and cattle finishing net returns.

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NAFTA Trade is Important for Meat Industry

The 2016 election cycle created a lot of confusion about the importance and benefits of trade in general. In particular, a good bit of the election year rhetoric focused on trade within the NAFTA trade bloc (U.S., Canada and Mexico).

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Pork Industry Favored by Strong Demand

Prices will be supported by stronger demand because of a growing U.S. economy and by a robust eight percent growth in exports as projected by USDA.

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