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March 6, 2015
situation
(http://www.beefbasis.com/ForecastingTools/ValueofGain/tabid/1132/Default.aspx):
– Buy 700 lb steer … Feedlots
http://www.agmanager.info/livestock/marketing/outlook/
newsletters/FinishingReturns/default.asp
Historical and Projected … http://www.agmanager.info/livestock/marketing/outlook/newsletters/FinishingReturns/default.asp)
Representative Barometer …
March 3, 2023
OUTLOOK
http://www.agmanager.info/about
/contributors/individual/tonsor.asp
Take-Home Summary
1.Supply … 28.92
25
27
29
31
33
35
1993 1996 1999 2002 2005 2008 2011 2014 2017 2020 2023
Mil … Dynamics
•https://www.agmanager.info/livestock-meat/production-economics/updated-evaluation-us-cattle-cycle
C-N-38
01/31/23
4.5
5.0
5.5
6.0
6.5
7.0
1993 1996 1999 2002 2005 2008 2011 2014 2017 2020 2023
Mil …
January 14, 2014
Expansion Discussion
• Expected Profit:
– 2014 LMIC Forecast 2X 04’ & 13’
• … lower ROI than in the past…
• Profit Risk
– Context on environment of price variability…
• … http://www.agmanager.info/livestock/budgets/production/default.asp
Number 10% Lower 10% Lower …
General Sessions
2013 Risk andProfit Conference
General Session … handling, food safety, and price risk
management and analysis … which will notably
influence profitability in coming months and year …
August 20, 2012
1998 2000 2002 2004 2006 2008 2010 2012
$ Per Cow
C-P-66
08/09/12Livestock … 1998 2000 2002 2004 2006 2008 2010 2012
$ Per Cow
C-P-66
03/21/12Livestock …
November 6, 2013
Expansion Discussion
• Expected Profit:
– 2014 LMIC Forecast 2X 04’ & 13’
• … lower ROI than in the past…
• Profit Risk
– Context on environment of price variability…
• … http://www.agmanager.info/livestock/budgets/production/default.asp
Number 10% Lower 10% Lower …
September 20, 2018
Report
https://www.beefboard.org/news/180131Tonsor-beef-demand-print.asp
Assessing Beef Demand
Determinants
C-P-54
09/17/18
$169.59
$172.42
140
150
160
170
180
190
200
210
220
JAN … 181
?_________?
$286
$138
$171
$164
$169
75
100
125
150
175
200
225
250
275
300
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 …
August 9, 2012
1998 2000 2002 2004 2006 2008 2010 2012
$ Per Cow
C-P-66
08/02/12
Livestock … 1998 2000 2002 2004 2006 2008 2010 2012
$ Per Cow
C-P-66
03/21/12Livestock … Reasons for Longer-Term
Profitability Improvements…
• …
July 24, 2024
http://www.agmanager.info/about/contributors/
individual/tonsor.asp
Kickoff Summary
Supply … 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 … 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 …
March 1, 2024
OUTLOOK
http://www.agmanager.info/about
/contributors/individual/tonsor.asp
Take-Home Summary
Supply … Tool
https://www.agmanager.info/livestock-meat/production-
economics/ksu-beef-replacement
Base/Default Case
• Annual Cash Cow … 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 …