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July 20, 2021
Farm Profitability
Anil K. Giri (anil.giri@usda.gov)- Farm Economy Branch … Farm Economy Branch, ERS, USDA
Jennifer Ifft (jifft@ksu.edu … to represent any official USDA or U.S. Government determination …
February 10, 2022
Bureau of Economic Analysis & USDA-ERS, Compiled by LMICLivestockMarketing Information Center
Agricultural …
February 24, 2022
Recent Videos
feed may become
expensive or difficult to
purchase
Price Risk
Market price might drop,
even … tablished for row crops
Some insurance products
available for livestock producers
Some insurance p … urance products
available for livestock producers
Why formally insure?
• …
April 28, 2016
producing, processing, or
marketing food
– Demand
• Influenced … welfare?
11
Benchmarking Cattle Producer &
Public AW Perceptions … Perceptions
• “Beef and Dairy Cattle Animal Welfare …
March 2, 2018
1% increase in domestic demand =
+2.30% live cattle
+3.50% feeder cattle prices (McKendree et al., 2018)
… 2017 2018
Data Source: USDA‐AMSLivestock Marketing Information Center
Beef Basis, Salina, KS
2018 Projections
(as of 3/1/18):
Oct. 17: $172
$285.63
$203.51
$138.44
$170.66
$154.50
$152.50
75
100
125
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225
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275
300
2003 …
2018 Extension Outlook Conference
Q2.2017
http://agmanager.info/livestock-meat/meat-demand
Demand … 2018
?_________?
Data Source: USDA-AMSLivestockMarketing Information Center
BeefBasis.com …
May 8, 2020
Ag Law Issues
processing. According to USDA data, boxed beef prices have … more than doubled while live cattle prices dropped approximately … the buying and selling of livestock in 1888
to determine if …
January 1, 2006
Animal ID & Traceability
the Australian National
Livestock Identification System
Glynn … disadvantage in international markets.
One animal ID system … increase awareness of
the livestock ID systems operating in Australia …
April 8, 2020
Recent Videos
Farm Analyst
K‐State Ag. Economics Department and K‐State Research & Extension
This material is based upon work supported by USDA‐NIFA under Award Number 2018‐70027‐28586
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Housekeeping
• … COVID‐19 added uncertainty in many areas
• Market volatility – agriculture, stocks, oil, metals
Black SwanA black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. Black swan events are characterized by their extreme rarity, their severe impact, and the widespread insistence they were obvious in hindsight.
KEY TAKEAWAYS• …
August 17, 2012
Regarding Animal
Welfare
USDA Project Overview
“Beef … Overview
“Beef And Dairy Cattle Animal WelfareMarket
Opportunities And Threats” … for U.S. beef and dairy cattle operations.
– Specific …