Not As Good As Last Year

Pork Industry Economic OutlookShifting Protein Demand and Consumer Trends Dr. Steve Meyer, Paragon Economics, outlines the pork economic data and trends. Some of the key issues include shifts meat demand, expansion in all protein arenas, PEDv recovery is happening, and corn supply is vastly improved. Dr. Meyer concludes with some risks to monitor: Export disruption, weakening demand, and dietary guidelines being pressured to change.

Dr. Steve Meyer - Pork Industry Economic Outlook

Pork Industry Economic Outlook - Dr. Steve Meyer, Paragon Economics, from the 2015 Minnesota Pork Congress, January 21-22, Minneapolis, MN, USA.

SwineCast Update for August 10, 2012, Mycoplasma Hyopneumoniae and Is RFS Wavier Legal or Needed?

SwineCast is back from China and on to North Carolina. The annual Boehringer Ingelheim Carolina Swine Health Conference offers excellent producer discussion and interaction in a family friendly environment. Please keep an eye out for the next set of presentation videos at Conference Connection to see what went on.

Three top-notch conversations/presentations are now available via 1) Dr. Bob Morrison's At The Meeting reviews current knowledge on Mycoplasma Hyopneumoniae [audio]; 2) We visit the groundbreaking ceremonies for Legacy Farms at the Fair Oaks Pig Adventure [audio]; and 3) A timely update on feed efficiency in swine from the International Feed Efficiency in Swine conference [audio].

SwineCast 0723, Renewable Fuels Association Says Request For RFS Waiver Not Legal Or Needed

SwineCast 0723 Show Notes:
  • Renewable Fuels Association President and CEO, Bob Dinneen, responds to requests for a waiver of the renewable fuels standard mandate by a consortium of livestock organizations.  The groups say the grain is too important as feed in this drought-tightened supply scenario.
  • Link to NPPC's release on the RFS waiver request.

Biofuels Causing Tension in the Feed Grain Markets?

Feed Grain and Ethanol The weather is seriously stressing many crops this year. Corn, specifically, is also being stressed because of the demand for biofuel (ethanol) and livestock animal feed.

Dr. Thomas E. Elam, FarmEcon LLC, released a presentation and detailed analysis of why the USA Renewable Fuel Standard, in this current weather and economic environment, needs to have flexibility in its application [background via EPA]. Dr. Elam's key point: Ethanol policy has increased and destabilized corn and related commodity prices [detailed analysis paper PDF] [summary slide deck PDF].

Dr. Bob Wisner, Iowa State University, and Joel Newman, President and CEO of American Feed Industry Association, provide some highlights of the report titled "Future Patterns of U.S. Grains, Biofuels, and Livestock and Poultry Feeding". This is a another report that highlights the conflicts of having corn being used as a feed grain and a source of energy (ethanol): "Biofuels: A Major Driver of the Changing Feed Cost Environment" is one of the first executive summary points [audio] [report PDF].

Grain in Bottles or Feed?

Economic Grain Situation and Outlook
What is it with the Grain Situation? I am NOT opposed to ethanol. I do prefer it aged in oaken barrels or pretty glass bottles! sums up how Dr. Meyers feels about corn used in ethanol. This presentation (with lots of charts for the data included) shares some other thoughts about the markets, grain, and the future of animal feed [video].

Swine Industry Ability to Outbid Ethanol Plants

Global Feed Economics in a Biofuel World Dr. Chris Hurt shares some economics updates and what producers need to consider on their feed management as 2012 moves forward. Key take away: Swine producers have the financial ability to outbid ethanol producers for corn. This is forcing ethanol plants to shrink in capacity or shut down. Also, foreign trade is becoming a key component for the industry.

Are Meat Demand and Feed Prices Related?

Feed Prices Impact Meat Demand
Audio via SwineCast
Paragon Economics Dr. Steve Meyer walks through meat demand, corn prices ($4-$8??) and weather issues.
The total feed supply is going down. Long term we need to get more efficient or we get smaller. Can we get efficient enough to that we can grow with a shrinking supply of energy feed?
Dr. Meyer also looks into the ethanol industry, how it fared in 2011 and what it may do in 2012, with respect to their need for corn inputs.
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