by Nick Paulson, Gary Schnitkey, Joana Colussi and Jim Baltz
Department of Agricultural and Consumer Economics, University of Illinois and Carl Zulauf, Department of Agricultural, Environmental and Development Economics, Ohio State University
The prices of fertilizer products reached record highs in...
Source: CoBank news release
The U.S. beef cow herd reached its lowest level in decades this summer as prolonged drought conditions in major cattle producing regions led producers to aggressively cull their herds. The sharp reduction in beef cow numbers...
Source: FCC, Leigh Anderson Senior Economist
The Canadian commercial feed market (for example, pelleted rations for cattle, dairy, hog and poultry) grew over 20% in 2022, reaching a record $11.5 billion in sales. Most of this growth was driven by increases in...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for August 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
Source: USDA news release
In the United States, most cow-calf operations are relatively small and have fewer than 50 cows though a few very large operations (with more than 1,000 cows) can be found. On cow-calf farms, calves are birthed,...
Source: BFO
Prices are reported on a "per one hundred pounds".
Fed Steers, Large Frame
# Head
Low $
High $
Avg $
Top $
Avg Wt
Over 1250 lbs.
48
220.69
241.69
232.09
267.00
1,524
1001 - 1250 lbs
3
183.00
240.00
219.00
240.00
1,037
Fed Steers, Medium Frame
# Head
Low $
High $
Avg $
Top $
Avg Wt
Over 1250 lbs
55
218.80
236.78
229.45
278.00
1,458
1001 - 1250 lbs
4
185.88
219.38
202.63
252.50
1,125
1000 lbs...
Source: USDA
China’s emergence as a major meat producer, consumer, and importer creates export opportunities for the United States and other producers. China has become the world’s largest meat importer, as growth in its own production has diminished. Growth in...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for July 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
by Joe Janzen, Department of Agricultural and Consumer Economics, University of Illinois, Bryn Swearingen,
Economic Research Service, USDA and Jisang Yu, Department of Agricultural Economics. Kansas State University
In recently published research, we estimated the impact of the unprecedented surge in...
Source: USDA news release
Large family farms were more likely to have stronger financial performance than other farms, according to USDA, Economic Research Service (ERS) researchers reporting data from the 2021 Agricultural Resource Management Survey (ARMS).
ERS researchers measured financial performance...
