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Livestock
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.
Read MoreEstimates 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.
Read MoreThe pork industry outlook has experienced a major shift to the upside. Pork producers are pleased to see 2017 hog prices higher than expected.
Read MoreThe dramatic price decline, and resulting falloff in profitability by cow-calf producers, led to questions about possible impacts on industry expansion. The report leaves little doubt that the industry is still in expansion mode, at least for now.
Read MoreThe latest Hogs and Pigs report released on December 23 indicated that pork supplies in 2017 will be larger than pre-report expectations.
Read MoreWhat can happen to prices of agricultural commodities in a decade, and why look at the last decade? It is because it was 10 years ago in the fall of 2006 that agricultural commodity prices began to head upward in what can be described as a boom/moderation price cycle.
Read MoreThe cattle industry has been through numerous shocks including high feed prices and drought in recent years. In trying to discover the right price, markets often have to overshoot and then undershoot as they continue to adjust in the search for the correct price.
Read MoreHog prices have collapsed to levels far below breakeven. There is worry that there are more hogs headed to market this fall than available packing capacity, and the latest USDA inventory indicates there are more hogs than had been anticipated.
Read MoreBoth fed cattle and corn prices have dropped significantly during the last year. Specifically, since September 2015 fed cattle prices in Kansas have declined approximately 23 percent (from $137.35 to $106.07 per cwt).
Read MoreProducers of beef and pork have generally been discouraged about recent low prices as cash prices have dropped sharply this year. Spring finished cattle price highs were near $138 per live hundredweight, but last week had fallen to $115, a $23 plunge.
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