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Livestock

2018 Indiana Pasture Land, Hay Ground, and On-Farm Grain Storage Rent

Estimates for the current rental value of pastureland, hay ground, and on-farm grain storage in Indiana are often difficult to locate. For the past several years, questions about these items have been included in the Purdue Farmland Value Survey. These tables report the values from the June 2018 survey.

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Cattle Inventory Increases; Impact of Tariffs Hangs Over Markets

USDA estimated that the July 1 all cattle and calves inventory was 103.2 million head, 1% larger than a year earlier.

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Indiana Animal Agriculture: On the Grow!

Animal agriculture is making a comeback in Indiana. The long run trends in the state have been for crop agriculture to become more economically important relative to animal agriculture, but there are some signs of reversal in the past 10 years.

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Pork Industry May Face Large Losses

With large losses a possibility, pork producers will want to consider how these losses might impact their business and make adjustments in preparation.

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Increasing meat production likely to push cattle prices lower

Increasing beef production, combined with larger pork and chicken production, will exert substantial downward pressure on slaughter cattle prices the rest of the year.

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Corn Silage Production Budget

This Ohio State University spreadsheet calculates a corn silage production budget. Without some form of budgeting and some method to track your enterprises’ progress you’ll have difficulty determining profitability and if you’ve met your goals for the farm.

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Chinese Tariffs on Soybeans and Pork: U.S. and Indiana Impacts

The prospect of a trade war has been prominent in the news this year. The 2018 threats began with the U.S. putting tariffs on solar panels and washing machines and soon moved to steel and aluminum.

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Do you know how important trade is for the U.S. meat industry?

Growth in trade of animal products has been quite dramatic since the mid-1980s and U.S. agricultural producers – those engaged in animal agriculture and those engaged in feed grain and oilseed production – have benefited greatly.

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Cattle inventory growth slowing down; but beef production still increasing

USDA released its annual Cattle inventory report last week and the report confirmed that, although the U.S. cattle herd was still growing during 2017, the rate of growth slowed sharply compared to recent years.

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​Ag Business Climate Outlook for 2018

Recorded January 3, 2018 | Purdue ag. economists Chris Hurt, Michael Langemeier & Jim Mintert discuss the ag. economy outlook and management strategies for 2018.

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