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Livestock

Cattle Finishing Net Returns in 2020

This article discussed recent trends in feeding cost of gain, the feeder to fed price ratio, breakeven prices, and cattle finishing net returns. Average cattle finishing losses in 2019 were estimated to be approximately $80 per head. Average losses for 2020 are projected to be approximately $85 per head.

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Recent Hog and Pork Market Dynamics

The pork industry experienced unprecedented disruptions, including the temporary closure of two major Indiana pork packing plants, during the outbreak of COVID19 that are still being felt into the fall of 2020. Farm-level hog prices have improved but the industry is still resolving the backlog of hogs on the farm.

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Pork Export Strength Reliant on China

World pork markets have been disrupted the last couple of years, first by African Swine Fever (ASF) in China followed by a U.S.-China trade dispute and then, in 2020, by the coronavirus.

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Explaining Fluctuations in DDG Prices

To help explain fluctuations in distiller’s dried grains (DDGs) prices, this article examines the relationship between DDG prices, and corn and soybean meal prices.

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Ag Outlook Webinar

Recorded June 12, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook, which includes information from USDA’s June WASDE report along with updated profitability estimates for corn and soybeans. The webinar also addressed questions regarding eligibility for and assistance provided by USDA’s CFAP program.

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Coronavirus Food Assistance Program Application Details

USDA’s Farm Service Agency is accepting applications for the Coronavirus Food Assistance Program (CFAP) from producers who have suffered losses. Indiana FSA Director Steve Brown and staff join Jim Mintert for a discussion on eligibility requirements, payment rates and application details of the 2020 CFAP program.

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Ag Outlook Webinar

Recorded May 15, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert discuss the ag outlook and profitability estimates as a result of the COVID-19 global pandemic.

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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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Impact of COVID-19 on Swine Feed Costs

This article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations.  It is important to note that the swine finishing enterprise represented in this article assumes the finishing of an early-weaned pig.

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Impact of COVID-19 on Cattle Finishing Net Returns

First quarter net returns were a negative $10 per head, and the prospects for the second quarter are very dismal.  In addition to discussing net return prospects, this article discusses trends in feeding cost of gain, the feeder to fed price ratio, and breakeven prices.

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