K-State experts offer advice on how to maximize the return on investment MANHATTAN, Kan. — When putting money in the stock market, there is nothing like the feeling of watching a return on investment grow. The same can be true when cattle producers are financially rewarded at the point of sale for their time and money invested in pre-conditioning calves. But as the experts at the Kansas State University Beef Cattle Institute recently…
CME Group to launch new contracts that will reflect wholesale product price after processing MANHATTAN, Kan. – The CME Group’s plan to launch pork cutout futures and options on Nov. 9 is good news for pork buyers as well as producers, a Kansas State University agricultural economist said. “There indeed is significant interest from U.S. and Canadian hog producers in having additional risk management alternatives available,” said Glynn Tonsor, livestock market specialist with…
A new report unveiled today by the American Farm Bureau Federation provides an in-depth examination of the causes and price implications resulting from extreme market volatility in the cattle industry. It also sets the stage to explore policy solutions. The Cattle Market Working Group, comprised of 10 state farm Bureau presidents, spent more than two months investigating factors that led to market disruptions following the Holcomb packing plant fire and the COVID-19…
David P. Anderson, Professor and Extension Economist, Texas A&M AgriLife Extension Service Imports of feeder cattle from Mexico usually are reported with interest because ranchers and feeders in the U.S. import more than 1 million head per year, on average. The U.S. also exports cattle to Mexico, but in much smaller numbers. In recent weeks cattle exports have surged to the highest levels in several years. Weekly cattle exports to Mexico are reported…
The COVID-19 pandemic disrupted the beef supply chain and consumer beef demand but the industry is working through a backlog of market-ready animals. | Download this photo. K-State’s Tonsor spoke at virtual K-State Risk & Profit Conference MANHATTAN, Kan. – The beef cattle industry has already experienced three big “shocks” this year and the effects are ongoing, but have been blunted to some extent, according to a Kansas State University agricultural economist. The first…
Targeting the Brand™ program helps commercial producers increase CAB® acceptance rates. http://www.angusbeefbulletin.com/extra/2020/07jul20/0720mg_B_Targeting-the-brand.html?utm_source=ActiveCampaign&utm_medium=email&utm_content=AJ+Daily%3A+Raising+the+Bar&utm_campaign=AJ+Daily+08%2F10%2F20
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Hedging can help cattle producers protect against adverse price changes in markets by locking in futures prices. (File photo) K-State ag economist charts risk, benefit of hedging sale of live cattle Ten-year study analyzes outcomes of hedging via futures markets MANHATTAN, Kan. – A Kansas State University agricultural economist has completed an exhaustive study on hedging cattle prices, which he says could help producers manage their economic risks – perhaps especially so in…
Josh Maples, Assistant Professor & Extension Economist, Department of Agricultural Economics, Mississippi State University No segment of the cattle industry has been spared from the uncertainty and turmoil driven by COVID-19. However, the dynamics for the slaughter cow market have been a little different than those for the live cattle coming from feedlots that have garnered the most discussion due to plant disruptions. Slaughter cow prices have been one of the few bright…
MANHATTAN, Kan. – Registration is now open for a webinar that will help Kansas beef cattle producers make management decisions in light of the current weather patterns, ranging from flooding to drought, in Kansas and calf market volatility following COVID-19. The webinar will be hosted by the Kansas State University Animal Sciences and Industry Department and K-State Research and Extension via Zoom on Thursday, June 4, 2020 at noon CDT. “This webinar…