economics

Dr. Steve Meyers - Economic Grain Situation and Outlook


Economic Grain Situation and Outlook - Dr. Steve Meyers, Paragon Economics, from the 2012 World Pork Expo, June 6-8, Des Moines, Iowa, USA.

Dr. Elwynn Taylor - Weather Outlook


Weather Outlook - Dr. Elwynn Taylor, Climatologist, Ag Meteorologist, Iowa State University, from the 2012 World Pork Expo, June 6-8, Des Moines, Iowa, USA.

Dr. Jack Morgan - Grazinglands and Global Climate Change: What is the Science Telling Us?


Grazinglands and Global Climate Change: What is the Science Telling Us? - Dr. Jack Morgan, USDA/ARS, from the 2012 Annual Conference of the National Institute for Animal Agriculture, March 26 - 29, Denver, CO, USA.

Greg Ferrara - Communicating Shared Values Across the Food Chain


Communicating Shared Values Across the Food Chain - Greg Ferrara, National Grocers Association, VP of Public Affairs, from the Animal Ag Alliance Stakeholders Summit, Real Farmers Real Food, Celebrating Tradition and Technology, May 2-3, Arlington, VA, USA.

CropVillage Update for March 27, 2012, Maximize Return On your Forage Investment?


Information To Help Your Operations

  1. Audio: Future Of Swine Nutrition - Iowa State's Dr. John Patience shares his thoughts on the current state of swine nutrition and where profitable producers will focus in the future [audio] [full presentation video].
  2. Video: Global Feed Economics in a Biofuel World - Dr. Chris Hurt shares some economics updates and what producers need to consider in their feed management as 2012 moves forward.

How Are Global Feed Economics Effecting Biofuel World?

Global Feed Economics in a Biofuel World Dr. Chris Hurt shares some economics updates and what producers need to consider on their feed management as 2012 moves forward. Key take away: Swine producers have the financial ability to outbid ethanol producers for corn. This is forcing ethanol plants to shrink in capacity or shut down. Also, foreign trade is becoming a key component for the industry.

Can World Supply China Corn?

China to add to squeeze on world corn supply China's growth means that many of its raw materials to sustain the growth must come from other parts of the world. To help gauge Chinese demand for materials, many companies and governments rely on estimates from the China National Bureau of Statistics and other sources, like U.S. Government agencies. If, however, the estimates are wrong one way or the other by a larger than expected margin, the commodity markets start to react, and cause some companies to loose business and revenue.
China's National Bureau of Statistics said that farms produced a record corn crop in 2011 of 191.8 million tonnes. But enthusiastic local officials often overstate the size of crops in China to impress central authorities and win bigger subsidies.

Struggling Meat and Poultry Demand?

Jan 2012 Meyer Swine Economics

Dr. Steve Meyer, Paragon Economics, provided an update on the state of the meat and poultry markets. His main take away is that the demand continued to struggle late 2011.

The bad news is that these "annual" numbers for 2011 have been getting worse and worse as the year has progressed.

Steve reminds us that the indexes only describe how demand is changing, not why a change is occurring. He believes consumer incomes and spending was the major negative force in the domestic market in 2011.

Charts below from Paragon Economics, using USDA data.

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