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Livestock

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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Net Return Prospects for Cattle Finishing in 2017

This article discusses recent trends in feeding cost of gain, the feeder to fed price ratio, and cattle finishing net returns. Current breakeven and fed cattle price projections create an environment that is at a minimum cautiously optimistic.

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2016 Rents for Indiana Pasture Land, Irrigated Farmland, Hay Ground, and On-Farm Grain Storage

Estimates for the rental value of irrigated farmland, pasture land, hay ground, and on-farm grain storage in Indiana are often difficult to locate. For the past several years, questions about these items have been included in the Purdue Farmland Value Survey.

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Hog Prices Outperform Expectations

The pork industry outlook has experienced a major shift to the upside. Pork producers are pleased to see 2017 hog prices higher than expected.

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