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September 1, 2023
2023 Ag Lenders Conference Presentations
OUTLOOK
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Take‐Home Summary
1.Supply Dynamics Supporting Higher Cattle Prices
2.Consumer Meat Demand Mixed in 23’ & Key to “Peak Prices” This Cycle
Quarterly Forecasts … 2023
Data Source: USDA‐AMS
Livestock Marketing Information Center
Historical and Projected Kansas Feedlot Net Returns (as of 9/15/23’) (http://www.agmanager.info/livestock/marketing/outlook/newsletters/FinishingReturns/default.asp)
Representative Barometer for Trends in Profitability
July …
August 28, 2013
hd)
TREND: HEIFER RETENTION MOVING
NORTHWEST WITHIN NATIONAL BEEF
COW HERD
Longer‐term projections (as of Feb. 2013)
http://www.usda.gov/oce/commodity/projections/index.htm
2021 Projection 1.1
million less than Feb.
12’
2022 herd +12%
(vs. 2012)
17
As of: 8/26/13’
http://www.agmanager.info/livestock/marketing/graphs/cattle/prices/default.asp
Sep FC:
8/26: $154
8/1: $157
7/1: $153
6/1: $147
Other BeefBasis
Markets:
Woodward, OK
Clayton, NM
Dalhart, TX
MED …
July 22, 2015
Dairy Program Resources
July 2015
Disclaimer: This publication is designed to aid farmers … is made the operation will default to CAT coverage.
Registration … http://www.agmanager.info/events/Dairy/default.asp for more information.
18 …
June 15, 2012
Report: http://www.ers.usda.gov/publications/eib73/)
• 35% of 2.2 … Report: http://www.ers.usda.gov/publications/eib73/)
20-49 cows 50-99 … Percent using public grazing land 1 3 8 24 29 …
August 18, 2014
Risk Management Strategies
is the
justification for publicly backed crop insurance … http://www.agmanager.info/events/risk_profit/2014/default.asp,
or to register the link … Calculations under Different Public Policies for a
Farm with …
March 22, 2012
http://www.agmanager.info/livestock/marketing/AnimalWelfare/default.asp …
September 24, 2020
long
https://www.ams.usda.gov/sites/default/files/media/Official%20ListingPVP.pdf
Agricultural … ongoing
Scientific ability changes
Public acceptance & preferences … at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Host of additional industry …
February 11, 2015
Land Rental
Rates
Kansas State University Department of Agricultural Economics (Publication: AM‐MRT‐2013.2) … 2Kansas State University Department of Agricultural Economics (Publication: AM‐MRT‐LT‐2015.1) … Kansas State University Department of Agricultural Economics (Publication: AM‐MRT‐LT‐2015.1) …
August 30, 2011
Report: http://www.ers.usda.gov/publications/eib73/)
• 35% of 2.2 … Report: http://www.ers.usda.gov/publications/eib73/)
• Hog & Dairy … dashboard
(http://www.agmanager.info/Tools/default.asp#LIVESTOCK)
Expected Sales …
September 11, 2013
hd)
TREND: HEIFER RETENTION MOVING
NORTHWEST WITHIN NATIONAL BEEF
COW HERD
Longer‐term projections (as of Feb. 2013)
http://www.usda.gov/oce/commodity/projections/index.htm
2021 Projection 1.1
million less than Feb.
12’
2022 herd +12%
(vs. 2012)
16
As of: 9/10/13’
http://www.agmanager.info/livestock/marketing/graphs/cattle/prices/default.asp
Sep FC:
9/10: $156 …