Tag Archives: marketing

Pork’s Boom and Bust Price Pattern

Markets can take your breath away and the hog market over the past year has left many breathless. A year-ago in March, the new PED virus was the talk in the livestock media. Baby pig death losses of nearly 100 percent were the reality for some herds. The disease was not well understood and was spreading rapidly. There was trade talk that death losses were so high that 20 percent of pork production could be lost in 2014. Unfortunately, in the early stages the pork industry had no way of measuring the national baby pig death losses. Fear set in among some pork buyers-"What if bacon was not available to put on fast food hamburgers, What if tasty BLT sandwiches have to become only LT sandwiches?" Hog and pork prices exploded to record highs with the national live price reaching $100 per hundredweight. Continue reading

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , | Comments Off on Pork’s Boom and Bust Price Pattern

Beef Expansion Is Underway

The nation’s cattle producers are expanding the herd at a somewhat faster rate than had been anticipated. In the semi-annual update of cattle numbers, USDA said that the total number of cattle and calves had increased by somewhat more than one p… Continue reading

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , | Comments Off on Beef Expansion Is Underway

How Did Cattle Prices Get So High?

Where did the record cattle prices this year come from? That is a question almost all analysts and many cattle producers are asking. It was not so surprising to have record high cattle prices, but the real surprise was the lofty heights of those… Continue reading

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , | Comments Off on How Did Cattle Prices Get So High?

Pork: PEDv Losses Not As Large As Expected

The headline for the last USDA Hogs and Pigs report could have been: "PEDv Losses Not as Large as Expected." A week later, spring and summer lean futures are down nearly $10 per hundredweight, or about eight percent. Continue reading

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , , , | Comments Off on Pork: PEDv Losses Not As Large As Expected

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

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , , | Comments Off on Pork Industry Starts Modest Expansion

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

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , , | Comments Off on IFES 2013: Crop and Livestock Price Prospects for 2014

Hogs Provide Near $7 per Bushel Corn Value

Listen to MP3 podcast

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

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , , | Comments Off on Hogs Provide Near $7 per Bushel Corn Value

Cattle Prices Continue to Rise

Listen to MP3 podcast

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

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , | Comments Off on Cattle Prices Continue to Rise

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

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , , | Comments Off on What’s Causing Low Hog Supplies?

Hog Outlook Turns Less Optimistic

Just when it looked like hog production was headed safely back to profitability in 2014, hot and dry weather late in the growing season has threatened the bright outlook. Rapid increases in feed prices have raised expected costs nearly five doll… Continue reading

Posted in Agriculture, Economic Indicators, Grains, Livestock, Syndicated Posts | Tagged , , , , | Comments Off on Hog Outlook Turns Less Optimistic