Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

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Livestock

Update on the Livestock and Meat Situation

Recorded April 28, 2020 | Purdue ag economists Jayson Lusk and James Mintert review the shifts in pork and beef production resulting from COVID-19 along with the impact these shifts have had on U.S. wholesale beef and pork prices as well as prices for cattle and hogs.

COVID-19 Impacts on Pork and Beef

Processing plant closures sharply reduced livestock slaughter volume for both cattle and hogs in recent weeks. Federally inspected cattle slaughter the week ending April 25th, at 469 thousand head, was down 27% compared both to the first week of 2020 and the same week a year earlier.

Purdue Farm Management Tour & Indiana Master Farmer Reception

The Purdue University Farm Management Tour was July 8-9, 2021. Participants visited Posey & Vanderburgh county farms and learned from the experiences of Indiana’s best farm business managers.

COVID-19’s Impacts on U.S. Food and Agriculture Webinar

Recorded April 20, 2020 | Purdue ag economists Jayson Lusk, Michael Langemeier, and James Mintert examine COVID-19’s impact on U.S. food and agriculture.

Retail Markets Get a Boost During COVID-19

The declaration of a national emergency on March 13, 2020 by President Donald Trump, and the corresponding state stay-at-home measures, caused significant disruptions in retail food markets. Consumers turned to grocery stores and supermarkets, where the increase in demand, coupled with concerns about future reduced mobility and scarcity, led to a surge in foot traffic and sales.

U.S. Is A Pork Export Powerhouse

Recent disruptions to economic activity around the world as a result of the Corona virus have served to reemphasize the importance of trade to the U.S. pork industry. Trade in pork products has grown as the U.S. has turned into a pork export powerhouse.

Farm Management Tour 2020

The tour was not held in 2020 due to the COVID-19 pandemic. But the Purdue University Farm Management Tour returns in grand form for 2021 and information can be found at https://purdue.ag/farmtour!

Prospects for Swine Feed Costs in 2020

Recent trends in feed costs for farrow-to-finish and swine finishing enterprises, and projections for 2020. Feed costs are expected to be similar to that experienced in 2019. However, current projections have a wide band around them.

Cattle Finishing Net Return Prospects for 2020

At the end of 2019, fed cattle prices were $122.00. This increase in fed cattle prices had a large impact on cattle finishing profitability in the fourth quarter of 2019. Moreover, fed cattle prices are predicted to remain strong through at least the second quarter of 2020.

Swine Finishing Feed Cost Prospects

Corn prices have been quite volatile in 2019. Corn prices in Indiana were approximately $3.70 per bushel in April, $4.55 in July, and $3.90 in December. Given the uncertainty regarding what gets planted to large amount of acres that were not planted in 2019 (i.e., prevent plant acres), corn prices are likely to also be volatile in 2020.

Center for Commercial Agriculture