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Livestock

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.

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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!

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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.

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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.

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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.

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Ag Outlook: Looking Beyond the 2020 Crop Year

Top Farmer 2020 slidedeck presentation by Chad Hart, Associate Professor of Economics, Iowa State University. Examine the current outlook for corn and soybeans, but also take a longer view of what’s ahead for the U.S. ag economy and the management implications for the next several years.

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Top Farmer Conference 2021

January 8, 2021 | virtual meeting

A management programs geared specifically for farmers. Surrounded by farm management, farm policy, agricultural finance and marketing experts, and a group of your peers, the conference will stimulate your thinking about agriculture’s future and how you can position your farm to be successful in the years ahead.

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More milk, consolidation continues, but still an improved 2020 price outlook

By Nicole Olynk Widmar | Given the challenging market situation facing dairy producers, the ending stocks for dairy products have been closely monitored and heavily reported on in 2019. September ending stocks (as reported in November) were significantly (159 million pounds on a milk-fat basis) higher for 2019 than they were a year earlier (Sept 2018).

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U.S. Cattle & Hog Sectors

Chicago Federal Reserve 2019 presentation by James Mintert.

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Long-Term Trends in Pigs per Litter

A simple linear trend was used to predict pigs per litter for each year.  The annual growth rate in pigs per litter was 0.10 pigs per year or 1.07 percent.  This may seem small, however, over the 26-year period, this equates to 2.57 pigs or an increase of approximately 32 percent.

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