Economics

2008 Iowa Pork Congress: Minimizing Feed Costs for Improved Profitability

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Minimizing Feed Costs for Improved Profitability WMV File

Joel DeRouchey's presentation will focus on minimizing feed costs by discussing management and formulation practices to increase feed efficiency and how to evaluate alternative feed ingredients.

Powerpoint file attached below, right click on link and download to your computer.

By Joel DeRouchey, Kansas State University

2008 Iowa Pork Congress: Road Trip - Lessening the stress of transportation

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Road Trip - Lessening the stress of transportation WMV File

Understanding the leading causes of stress during transport and how to decrease them can not only improve animal well being, but also decrease economic losses. This session will focus on transportation and how to reduce stress on the animal.

Transportation is one of the most overlooked areas in animal production, yet one of our most vital and visible.

Powerpoint file attached below, right click on link and download to your computer.

By Jennifer Woods, Reflected J Livestock

2008 Iowa Pork Congress: Dollars to Donuts: How to compete for agricultural labor

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Dollars to Donuts: How to compete for agricultural labor WMV File

Most agricultural employers did not go into agriculture because they wanted to manage people--and yet people are a major factor in the success of our businesses. This session will talk about the basic factors that bring employers and employees together and the simple things that every manager can do to have a better workforce.

Powerpoint file attached below, right click on link and download to your computer.

By Sarah Fogleman, Kansas State University.

2008 Iowa Pork Congress: We are the Champions! By Heidi Vittetoe, JW Vittetoe Pork

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2008 Iowa Pork Congress: We are the Champions! MP3 audio file.

2008 Iowa Pork Congress: Plan What You Want to Do with the Farm before You Have to "Buy the Farm".

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Plan What You Want to Do with the Farm before You Have to "Buy the Farm" WMV File

General estate planning information stressing the importance of planning succession of asset ownership, the necessity of advance directives, and some of the pitfalls of various planning techniques and of having no plan at all.

Powerpoint file attached below, right click on link and download to your computer.

By Doyle Sanders, from Beving, Swanson & Forrest.

2008 NIAA Annual Meeting Animal Care and Well-Being Conference Material

2008 NIAA Annual Meeting on Animal Care and Well-Being, April 1 - 3, 2008, Indianapolis, Indiana, USA.



Conference audio from several speaker presentations.

SwineCast 0270 for January 18 2008

SwineCast 0270 Show Notes:

  • Chavez ready to take over agriculture in VenezuelaWalking to Dinner in Banff
  • Rabobank's Fiona Boal looks at pork production outside North America
  • Canadians in Minnesota for Pork Congress.. next stop for delegation (and me) is Iowa Pork Congress. See you there?

SwineCast 0269 for January 15 2008

Dr Dennis Avery at BanffSwineCast 0269 Show Notes:

  • Special conversation with agricultural realist Dr Dennis Avery following his presentation at the Banff Pork Seminar

Swine Industry Update: Depressed Prices Hit Hard As Numbers Rise

Mark Greenwood
December 2007

Depressed Prices Hit Hard As Numbers Rise
Ouch! That might be the best way to describe swine economics today. If you are selling hogs on the open market today, and have not locked in any pigs, my best estimate of the losses that you are absorbing range in the neighborhood of $25-$30 a head. Average revenue this month will be around $100-$105 a head, with costs at $125-$135 a head, depending on market weights that you are selling at.

Seeing Red in October

Mark Greenwood
November 2007

Seeing Red in October
This month will not be a good month for pork producer’s balance sheets. In a cost vs. revenue comparison, most systems will lose $10-$15/head during October. Some producers locked in some margins back in August, but most producers did not lock up a large percentage of their hogs with those margin opportunities.

Perhaps the reason more producers didn’t lock in more profits can be explained by reviewing the following December futures chart. You can see the volatility in this month. Many clients that I work with started to hedge for the fourth quarter right around the end of July. As you can see by the chart, it spiked up to $74 in early December. We had a massive amount of margin call money that went out and people stopped hedging because producers struggle with paying margin calls. The market went down and some people hedged a little more. Then the market bounced back up to nearly $70 again in early- to mid-September. Since, it has been a free-fall spiral downward.

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