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Livestock
Corn 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.
Read MoreThe factors impacting feeding cost of gain and cattle finishing net returns are discussed. After dropping below $75 per cwt in May 2018, feeding cost of gain increased to $80.31 in December.
Read MoreThe Ohio State University, the Purdue Center for Commercial Agriculture, the University of Kentucky and Farm Credit Mid-America jointly sponsored a Farm Bill Summit on Thursday, April 11, 2019 at Versailles High School.
Read MoreNet returns averaged a loss of $45 per head in 2018. The largest losses occurred in June and July, with losses of $126 and $108, respectively. Are the prospects for 2019 more positive?
Read MoreThe USDA’s January 1 estimates of the U.S. cattle herd report provides a wealth of information to market participants including estimates of the all cattle and calves inventory, and both the beef and dairy cow inventories.
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