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2014 Meat Animal Outlook Chris Hurt Purdue Extension Service August 2013

2014 Meat Animal Outlook Chris Hurt Purdue Extension Service August 2013. A Year of High Anxiety!. $5-. $8+. $5 to $6. Corn Price. 2013 Crop Size and Price?. A New Year and Maybe a New ERA Lower Feed Prices Lower Farm L evel Animal P rices Moderating Retail Meat Prices.

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2014 Meat Animal Outlook Chris Hurt Purdue Extension Service August 2013

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  1. 2014 Meat Animal OutlookChris HurtPurdue Extension ServiceAugust 2013 Department of Agricultural Economics Purdue University

  2. A Year of High Anxiety! Department of Agricultural Economics Purdue University

  3. $5- $8+ $5 to $6 Corn Price Department of Agricultural Economics Purdue University

  4. 2013 Crop Size and Price? Department of Agricultural Economics Purdue University

  5. A New Year and Maybe a New ERA Lower Feed Prices Lower Farm Level Animal Prices Moderating Retail Meat Prices Department of Agricultural Economics Purdue University

  6. Time to get back in the GAME: Production 2013 2014 Beef -1% -6% Pork +1% +3% Chicken +2% +3% Turkey -1% +3% Total $ Meats 0% +1% Eggs +1% +1% Department of Agricultural Economics Purdue University

  7. Department of Agricultural Economics Purdue University

  8. Department of Agricultural Economics Purdue University

  9. Department of Agricultural Economics Purdue University

  10. Department of Agricultural Economics Purdue University

  11. 1952 Department of Agricultural Economics Purdue University

  12. Source: Kansas State University Department of Agricultural Economics Purdue University

  13. Costs Department of Agricultural Economics Purdue University

  14. Department of Agricultural Economics Purdue University

  15. Department of Agricultural Economics Purdue University

  16. Beef Cow Expansion Requires: 1. Improved Pasture 2. Calf Prices of $1.75+ Department of Agricultural Economics Purdue University

  17. PASTURE Recovery: 57% of Beef Cows Department of Agricultural Economics Purdue University

  18. Department of Agricultural Economics Purdue University

  19. Drought Trimmed $2.6 Billion From U.S. Pork Industry c. hurt Purdue Department of Agricultural Economics Purdue University

  20. $35 Department of Agricultural Economics Purdue University

  21. Department of Agricultural Economics Purdue University

  22. Department of Agricultural Economics Purdue University

  23. Department of Agricultural Economics Purdue University

  24. June13= 5.882 down 2% from June 13 March ‘10 = 5.76m down 7% from Mar 08 Department of Agricultural Economics Purdue University

  25. Department of Agricultural Economics Purdue University

  26. Department of Agricultural Economics Purdue University

  27. Department of Agricultural Economics Purdue University

  28. Department of Agricultural Economics Purdue University

  29. Source: Iowa State University

  30. Rockwell Print Jay County Department of Agricultural Economics Purdue University

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