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January 1, 2014
0.133
Labor, hours @ $15/hr 1.50 1.50 1.13 1.13
Investment …
October 5, 2023
Land Rental
Rates
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Breakout Sessions
866‐487‐9243
Minimum Wage
• Kansas $7.25/hr
• FLSA $7.25hr
– …
October 19, 2022
Relative to Average Wages ($/hr)
Jan. 2020, 1hr work =
9.1 lbs ham
8.4 … 5.1 lbs bacon
Aug. 2022, 1 hr work =
7.7 lbs ham
7.6 …
February 27, 2023
Relative to Average Wages ($/hr)
Jan. 2020, 1hr work =
9.1 lbs ham
8.4 … chicken breast
Dec. 2022, 1 hr work =
8.1 lbs ham (-11%)
7.6 …
August 1, 2023
General Sessions
Provide Context & Encouragementhttps://www.agmanager.info/livestock‐meat/meat‐demand
Are we in a recession?
“…committee broadly defines a recession as a significant decline in economic activity spreading across the economy, lasting more than a few months. The committee considers a wide range of indicators…” Federal Reserve Bank, 2009
While NOT a macroeconomist, GT’s take:Regardless of formal definition, and hence official Yes/No scoring of recessions, consumer behavior matters!
Consumer Sentiment Evolves & Matters for Demand
https://maps.semcog.org/EconomicDashboard/chart/bc_cons_sent.html#
Purdue’s Dashboard: Pork Prices ($/lb) Relative to Average Wages ($/hr)
Jan. 2020, 1 …
August 1, 2023
2023 Risk and Profit Conference Recordings
Provide Context & Encouragementhttps://www.agmanager.info/livestock‐meat/meat‐demand
Are we in a recession?
“…committee broadly defines a recession as a significant decline in economic activity spreading across the economy, lasting more than a few months. The committee considers a wide range of indicators…” Federal Reserve Bank, 2009
While NOT a macroeconomist, GT’s take:Regardless of formal definition, and hence official Yes/No scoring of recessions, consumer behavior matters!
Consumer Sentiment Evolves & Matters for Demand
https://maps.semcog.org/EconomicDashboard/chart/bc_cons_sent.html#
Purdue’s Dashboard: Pork Prices ($/lb) Relative to Average Wages ($/hr)
Jan. 2020, 1 …