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
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.