Total variable input costs for the 2013 corn and soybean crops are likely to stay about the same as last year, a Purdue Extension farm business management specialist says.
Variable input costs are the costs of production that vary directly with the crop grown, but don't include fixed costs, such as cash rent....More
The Congressional Budget Office (CBO) projects a few more corn acres and soybean acres in crop plantings for 2013, according to Illinois blogger Stu Ellis (formerly at the University of Illinois) at www.farmgateblog.com....More
A Daily Livestock Report reader recently suggested that things must have changed a lot since last summer since hog numbers have not shrunk in the manner that some had warned. While it is understandable why this lack of response might suggest that things must be better, they are not, at least not yet, say Steve Meyer and Len Steiner, authors of the Daily Livestock Report....More
Global pork prices started 2013 at historically strong levels, but Rabobank anticipates some weakness in prices in late Q1 and into Q2 due to pressures on production and limited growth in global consumption levels. 2013 pork prices will be impacted by swing factors including how much European production will decline due to sow pen regulations, China’s appetite for imports and whether U.S. production will continue to expand...More
Last week a Missouri ethanol refinery, operated by POET, announced it was suspending production because of the inability to find enough corn. Others may have taken the same action, but the reason may not have been as pronounced.
There is no surprise about spot shortages of corn following the drought of 2012, and more will be identified as the marketing year progresses. In fact, the low yields of central Illinois prevented sufficient supplies to larger ethanol plants, which have purchased trainloads of corn from higher-yield areas in Minnesota and the Dakotas....More
U.S. corn production, slashed dramatically by drought in 2012, could rebound to a record-large crop this year if yields improve moderately, said an agricultural economist from Texas A&M University on Monday in a report filed by Reuters.
Economist David Anderson also said pork production could top beef in 2014, pushing beef into third place in U.S. meat production. Poultry and pork production are on the rise while beef is held back by high feed costs and drought-damaged grassland....More
A research study conducted at New Fashion Pork in Jackson, MN, tested a new concept of fine-grinding either the corn portion or the whole diet when the diet contained higher levels of by-products in addition to corn to improve the energy value....More
Hog producers face another challenging landscape in 2013, with costs projected to remain high through the balance of the current crop year. As most producers are well aware, feed expenses have been the principal driver behind soaring production costs over the past few years....More
A recent survey by Kansas State University (KSU) has found that despite decades of Extension education emphasizing the importance of feed efficiency in swine, pork industry participants still fall short in knowledge and production applications....More
Swine nutrition is changing. The once dominant corn-soybean meal diet has given way to a more diverse list of ingredients that few could have imagined just five years ago. Some changes have been dramatic, even painful, but ultimately essential for survival.
But the use of “non-traditional” ingredients in swine diets is more complicated than simply bringing them to the feedmill and asking a swine nutritionist to have a go at developing a new generation of diets....More
The top two factors influencing crop markets in 2013 will be the weather and the potential for a rebound in demand, which diminished last year with drought-driven high prices, Chad Hart told growers at the American Farm Bureau Federation’s (AFBF) 94th Annual Meeting.
Still, despite so many uncertainties, prices for corn and soybeans will remain historically high, according to Hart, associate professor and Extension economist at Iowa State University....More
Despite getting off to a very favorable start, U.S. growers spent the summer of 2012 battling historic drought conditions in much of the Midwest. As a result, corn and soybean production, both key U.S. crops, is significantly down in 2012, according to the Crop Production 2012 Annual Summary released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS)....More
The wait is almost over for pork producers to emerge from a tunnel of losses and profits to return. That tunnel of darkness stretched from the spring of 2012 through the winter of 2013, with average estimated losses of $18/head, primarily due to high feed prices, according to Purdue University Extension economist Chris Hurt....More
During 2012, National Hog Farmer readers targeted Web site content pertaining primarily to pigs and the people who manage and care for them. Production-related content continues to be very popular at nationalhogfarmer.com....More
Lisa Jackson made few friends in the nation’s capitol as administrator of the Environmental Protection Agency (EPA). On Thursday, Jackson announced she was stepping down after President Obama’s annual State of the Union address in January....More
University of Illinois agricultural economist Darrel Good expects livestock prices to improve somewhat in 2013, and grain prices to be volatile but retreat lower, depending on the growing season....More
A variety of factors contribute to producers missing target market weights, incurring discounts. Producers have adopted marketing strategies, such as topping pens, to help reduce economic losses from weight discounts at the processing plant....More
Zinc requirements for grow-finish pigs published by the National Research Council (NRC) in 2012 are based on data published many years ago and, as such, likely are not suitable for today’s swine genetics and dietary ingredients. A few studies suggest that phytase supplementation increases not only phosphorus availability to the pig, but also zinc....More
Buyers should request specific protein and fat levels in light of the fact that low-oil distiller's dried grains with solubles (DDGS) are becoming more widely available in the United States and in export channels as ethanol plants, which produce the feed co-product, continue to install corn oil extraction equipment....More
The U.S. Department of Agriculture predicts the midpoint of U.S. farm prices on 2012 corn will be $7.60 per bushel. If yields are more normal in 2013, Purdue Extension agricultural economist Chris Hurt says prices could fall to $5.50 per bushel – the largest ever year-to-year drop....More
U.S. feedgrain supply and use projections for 2012/13 are unchanged this month, but prices for corn are lowered based on prices reported to date, according to the World Agricultural Supply and Demand Estimates report released today by the U.S. Department of Agriculture (USDA)....More
Livestock operations with a nearby ethanol plant have had the opportunity for an alternative feed supply to compete with higher-priced corn and soybean meal in recent years. While that seemed like a slam-dunk to help feed budgets, a recent decline in ethanol production due to reduced demand by the motoring public, has diminished the supply of distillers’ dried grains with solubles (DDGS), according to today’s FarmGateblog.com by Stu Ellis....More