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Marketing

How Hog Diseases Impact Supply, Demand and Profit

Hog 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.

Spring 2019 Corn & Soybean Outlook

Recorded April 1, 2019 | Purdue agricultural economists Michael Langemeier and James Mintert review the crop outlook following the March 29th USDA’s Prospective Planting and Grain Stocks reports.

Farm Bill Summit, OSU

The 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.

Crop Marketing & Farm Finance Workshops

Feb 7 – Mar 8, 2019 | 8 Locations Across Indiana

2019 Ag Outlook

Recorded December 19, 2018 | Purdue ag economists Chris Hurt, Michael Langemeier, and Jim Mintert discuss updated corn and soybean supply/demand information, planting decisions, and the implications for farmers of the recently passed 2018 Farm Bill.

Soybean Prices Depend on China

With a record amount of soybeans to sell from the 2018 crop it is a bad year to jeopardize our largest buyer. The U.S. had record soybean yields and record total production in 2018 and also lost the opportunity to sell to China, our largest customer during their peak buying season.

Pork Industry Looking for a Better 2019

The year of 2018 did not turn out so well for pork producers as estimated losses were about $12 per head for farrow-to-finish operations. These were the largest losses since 2012 when high feed prices prevented positive returns. Pork production was up 3% in 2018. That was record high production as the industry has been in expansion since 2014.

It’s All Lower: Cow numbers, Total Milk Production, Forecasted Domestic Use and Milk Prices Too

Milk price trends make reaching break-even look bleak for many farms. Recent news media related to dairy farming in the U.S. has been difficult to even see or hear, let alone to actually live though on the farm. Untimely and delayed harvests in many parts of the U.S. make predicting feed costs difficult, in addition to the lingering questions about quality.

Retail Food Prices

During 2018, changes in the retail price of food at home have remained low, averaging just 0.5% year- over-year growth over the past five years and 0.4% year-over-year growth thus far through 2018 according to data from the Bureau of Labor Statistics.

The Administrations’ Trade Policy: What It May Mean for the Future!

USDA is projecting agricultural exports of $141.5 billion in fiscal year 2019, down from $143.4 billion in 2018. (Cooke and Jiang, 2018) Much of the expected decline in total exports is attributable to soybeans and cotton. Declining sales to China are expected to affect soybeans, while the lower forecast for cotton exports is linked to slowing growth in global demand.

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