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March 26, 2013
http://www.agmanager.info/livestock/budgets/production/default.asp#Beef Cattle
January Cattle … 3/25/13’
http://www.agmanager.info/livestock/marketing/graphs/cattle/prices/default.asp
8
As of: 2/11/13’
http … 2/11/13’
http://www.agmanager.info/livestock/marketing/graphs/cattle/prices/default.asp
Drop of $10-15/cwt
between …
http://www.agmanager.info/farmmgt/land/lease/default.asp
Kansas State University Department of Agricultural Economics (Publication: AM‐MRT‐LT‐2016.1) … http://www.agmanager.info/farmmgt/land/lease/default.asp
Kansas Non-Irrigated … http://www.agmanager.info/farmmgt/land/lease/default.asp
2 Region refers to the Kansas …
June 26, 2012
http://www.agmanager.info/livestock/budgets/production/default.asp)
• BEEF Magazine Poll … change, enviro. regs,…
– Tax code, farm bill, health care … persist
• Farm bill, tax code, global macroeconomic …
2021 Mini-Risk and Profit Conference Presentations
2020
Presented at Cattle Marketing and Tax Prep online meeting, hosted … 2020
Data Source: USDA‐AMS
Livestock Marketing Information Center
Processing bottleneck = fed cattle price pressure
Historical and Projected Kansas Feedlot Net Returns (as of 1/10/21’) (http://www.agmanager.info/livestock/marketing/outlook/newsletters/FinishingReturns/default.asp)
Representative Barometer for Trends in Profitability
Nov …
October 1, 2013
Animal Well-Being
September 6, 2013
March 1, 2013
http://www.agmanager.info/livestock/budgets/production/default.asp#Beef Cattle
Economic … http://www.beefbasis.com/ForecastingTools/ValueofGain/tabid/1132/Default.aspx
Economic Outlook … http://www.agmanager.info/livestock/marketing/outlook/newsletters/FinishingReturns/default.asp
• Excess capacity concerns …
August 28, 2013
hd)
TREND: HEIFER RETENTION MOVING
NORTHWEST WITHIN NATIONAL BEEF
COW HERD
Longer‐term projections (as of Feb. 2013)
http://www.usda.gov/oce/commodity/projections/index.htm
2021 Projection 1.1
million less than Feb.
12’
2022 herd +12%
(vs. 2012)
17
As of: 8/26/13’
http://www.agmanager.info/livestock/marketing/graphs/cattle/prices/default.asp
Sep FC:
8/26: $154
8/1: $157
7/1: $153
6/1: $147
Other BeefBasis
Markets:
Woodward, OK
Clayton, NM
Dalhart, TX
MED …
April 19, 2012
http://www.agmanager.info/livestock/budgets/production/default.asp)
Scenario1: FARPI Adjusted … persist
• Farm bill and tax code/policy uncertainties… … http://www.agmanager.info/Tools/default.asp)
44
• Expectations …
Breakout Sessions
Regulatory�uncertainty
4. Tax�policy�uncertainty
16%
12%12%
p … 3
Available�at:�http://www.agmanager.info/livestock/budgets/production/default.asp#Beef�Cattle
How�much�“excess�capacity”�currently�exists�in�
the�U.S.�feedlot�industry?
40%
43%
1 … Real�All�Fresh�Beef�Prices��0.5%�=�0%�Demand�Change
24http://www.agmanager.info/livestock/marketing/Beef%20Demand/default.asp
What�broad�beef�demand�determinant�do�you�think�
h …