Search
Displaying 1471 - 1480 of 8833
Breakout Sessions
in food and
agribusiness management and in commodity futures …
Breakout Sessions
food safety, and price risk
management and analysis.
Abstract/Summary …
April 6, 2016
do producers expect and
manage around?
– If near 0 …
October 11, 2016
Cattle Finishing Returns
situation without price risk management strategies being implemented …
November 14, 2016
Cattle Finishing Returns
situation without price risk management strategies being implemented …
December 14, 2016
Cattle Finishing Returns
situation without price risk management strategies being implemented …
January 13, 2017
Cattle Finishing Returns
situation without price risk management strategies being implemented …
February 20, 2017
Cattle Finishing Returns
situation without price risk management strategies being implemented …
March 3, 2017
Farm Machinery Papers
farmers in the Kansas Farm
Management Association (KFMA) program
was …
March 13, 2017
Cattle Finishing Returns
1
Historical and Projected Kansas Feedlot Net Returns
Glynn Tonsor (gtonsor@ksu.edu)
Kansas State University Department of Agricultural Economics ‐ March 2017
This article presents estimated net returns of cattle finishing operations as of March 10, 2017. The calculation and
projection process was updated in July of 2012.1 This process reflects a cash market situation without price risk
management strategies being implemented. Each month updates are made to reflect the most recent feedlot
closeout estimates and to reflect current market conditions.
Close‐out Calculations
The most recent Focus on Feedlots survey provides information on lots closed out in January of 2017. As shown in
figures 1 and 2, steers and heifers were estimated to be sold in January at profits of +$57.80/hd and +$68.41/hd.
Projected Returns
Given the one‐month lag in Focus on Feedlots survey information, market information is available for February of
2017 but realized animal performance data are not yet available. Currently, the net returns projected for closeouts in
February are gains of +$112.25/hd and +$164.68/hd for steers and heifers, respectively (tables 1 and 2). Tables 1 and
2 also present projected net returns for closeouts over the next nine months based on forecasts of both animal
performance and market prices. These tables also include the projected and breakeven values for cattle prices and
cost of gain which provide further insight into the sensitivity underlying these projections. Producers are encouraged
to carefully compare their own costs and prices with those reported here. Returns over upcoming months are
projected to moderate, remaining positive thru May, reflecting lower fed cattle prices and higher costs of gain.
Finally, historical and breakeven values are provided in chart format revealing trends over time in fed cattle sales
prices (figures 3 and 4), cost of gain (figures 5 and 6), and feeder cattle purchase prices (figures 7 and 8).
…