Category Archives: Livestock

Pork Industry Starts Modest Expansion

Much cheaper feed has led the pork industry to begin an expansion that is expected to continue throughout this year. The current expansion means that pork supplies will begin to grow more rapidly in the last-half of 2014. Feed prices are expecte… Continue reading

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IFES 2013: Crop and Livestock Price Prospects for 2014

Darrel Good’s presentation summary from the 2013 Illinois Farm Economics Summit (IFES) which occurred December 16-20, 2013 at locations across Illinois.

The transition to lower prices is occurring differently for corn, soybeans, and wheat. Corn… Continue reading

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The Dairy Safety Net Debate of 2013 Part II: Questions and Answers

In Tuesday’s post we made the argument that an insurance-style target index-deficiency payment program without premium oversight from USDA’s Risk Management Agency may result in farmers using the insurance program strategically to extract subsid… Continue reading

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The Dairy Safety Net Debate of 2013 Part I: Questions and Answers

In a previous farmdoc daily post we suggested that a compromise solution to the ongoing U.S. House and Senate debate over the form and substance of a new dairy safety net is a combination of the current Milk Income Loss Contract (MILC) program, … Continue reading

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Hogs Provide Near $7 per Bushel Corn Value

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Grain farmers are looking for new corn uses now that ethanol is not big enough. Low corn prices are encouraging end users to seek ways to add value to corn, which is now below costs for most corn growers. What about hogs? … Continue reading

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Russia discovers that veternarians took bribes to avoid reporting AFS in hog herds 10/29/13

28.10.2013 “African swine fever has uncovered large-scale corruption among veterinarians,” “RBC Daily” Kuzmenko, “RBC Daily” Talk at the highest level of government pork ailments and migration routes of wild boars near Moscow unexpectedly unveiled to the Deputy Prime Minister Arkady … Continue reading

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Cattle Prices Continue to Rise

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Cash cattle prices have moved higher this fall, supported by small cattle supplies, a generally favorable demand base, and low feed prices that have sent feeder cattle futures prices to record highs. The outlook suggests e… Continue reading

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Oct LH settlement 10/8/13

>  –CME to determine final settlement value of October 2013 hog futures using average futures price data >  –Exchange says it will calculate the “volume-weighted average price” for two days prior to expiration >  –October hog futures scheduled to expire … Continue reading

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What’s Causing Low Hog Supplies?

The USDA’s September Hogs and Pigs report found that hog inventories were unchanged to somewhat larger. Yet slaughter in recent weeks has been very low, seemingly indicating a divergence from the USDA reading. Low slaughter numbers have been the… Continue reading

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The Land of "MILC and Honey"

The hardships experienced across the dairy sector in 2009, where U.S. dairy farmers rapidly liquidated more than 250,000 dairy cows from the national herd, brought about a consensus among dairy industry participants that a new risk management so… Continue reading

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