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Livestock
USDA’s October Cattle on Feed report, released on Friday, October 25th, indicated that the nation’s on feed inventory of 11.3 million head was about 1% smaller than a year ago, but still more than 4% larger than two years ago.
Read MoreThis article discussed recent trends in feeding cost of gain, the feeder to fed price ratio, and cattle finishing net returns. Average cattle finishing losses in the first six months of 2019 were $52 per head.
Read MoreToday, farms are much more specialized in crops or animals, and many fewer are in both. Has this changed the relative economic importance of crop and animal agriculture in the U.S.?
Read MoreFrom the low point in 2014, beef cow numbers have expanded by nine percent. Total cow numbers including dairy cows are up seven percent.
Read MoreCorn price futures for the December 2019 contract increased from $3.79 per bushel for the week ending May 10 to $4.55 for the week ending June 28. Even though corn futures prices weakened after the release of the June crop acreage repor.
Read MoreCorn prices have increased since mid-May and are expected to be quite volatile for the rest of the year. Each $0.10 increase in corn price results in an increase in feeding cost of gain of $0.87 per cwt.
Read MorePork production was up four percent in the first-half this year, but the market did not see about nine percent more hogs coming to market in June.
Read MoreHog prices and profits are way up right now. One of the primary reasons is a terrible disease known as African swine fever, which has been boosting prices since April.
Read MoreExamine recent trends in feed costs for farrow-to-finish and swine finishing enterprises, and the impact of changes in corn and soybean meal prices on swine finishing feed cost.
Read MoreHog prices have been struggling so far this year. In February, USDA estimated live prices were $39.04 per hundredweight, the lowest February price in 16 years dating back to 2003.
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