Livestock Economics


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Livestock Economics

BUDGETS: cow calf, backgrounding, summer grazing

LMIC: Analysis and Comments, In the Cattle Market, Livestock Monitor

MARKET REPORTS: area market reports

PRESENTATIONS: meeting presentations

LEASE PUBLICATIONS - farm and ranch

Chart of the Week

weekly chart  Weekly Chart-2

The month of November turns consumer's thoughts to meat for Thanksgiving. The turkey industry was hit hard by the Avian Influenza outbreak last winter. Original estimates were for a 3.2 percent increase in turkey production due in part to lower corn prices, but instead production will likely decline about 3.8 percent in 2015. Turkey prices are record high and about $0.20/lb. above last year's record highs. Keep in mind though that some retailers price turkeys as "loss leaders" with the idea that consumers will buy complementary menu items at the same time. The opposite scenario exists for hams. Pork production is up 7.6 percent over last year and ham prices are much lower than last year. Consumers can expect considerable price specialing of hams this year.


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