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Livestock
Hog 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.
Read MoreRecent live cattle futures prices have been extremely depressed, sending signals of much lower cash prices next year. While prices are expected to be lower next year, they may not be as low as suggested by futures.
Read MoreThis article discussed recent trends in feed costs for a swine finishing enterprise. Feed costs have dropped dramatically since the first quarter of 2014. Feed cost is expected to be slightly below 2015 levels in 2016 and 2017.
Read MoreThe longer-term economic implications of Brexit may be the most important and could reduce the rate of world economic growth. If Brexit does slow world income growth, that could be negative for global sales of pork and other U.S. agricultural products.
Read MoreTwo important factors determining margins this year are the potential for higher pork exports and thus higher hog prices and the potential for higher feed prices. These are tugging at margins in opposite directions.
Read MoreIn May of 2005, the newly formed Indiana State Department of Agriculture released its first strategic plan titled, Possibilities Unbound: The Plan for 2025. Among seven initiatives outlined, one focused on the opportunity for growth of the state’s pork industry.
Read MoreToday, tissue test for various genetic markers can generate a surprising amount of information including estimates of feedlot performance for individual cattle. So, the economic question we explored was whether the returns of using the information exceeded the costs of the test.
Read MoreWhat do consumers want? Today they have quick and easy access to information from a wide breadth of sources across many subjects. This change occurred over the past two decades as technological innovations in communications exploded. The internet, smart phones
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