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October 8, 2020
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early Oct. for 2019/2020 crop marketing year
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Crop Marketing Year 2019/2020 MYA PLC Payment Rate
Wheat … payments for 2019/2020
Crop Marketing Year 2019/2020 MYA
Wheat …
August 17, 2012
drought magnified cattle market impact
compared to 2011 … 2012
$ Per Cow
C-P-66
08/09/12LivestockMarketing Information Center
Data … 2012
$ Per Cow
C-P-66
03/21/12Livestock …
February 10, 2022
USDA-ERS, Compiled by LMIC
LivestockMarketing Information Center
Agricultural … USDA-ERS, Compiled by LMIC
LivestockMarketing Information Center
2021 …
March 2, 2018
2018
Data Source: USDA‐AMS
Livestock Marketing Information Center
Beef Basis, Salina, KS
2018 Projections
(as of 3/1/18):
Oct. 17: $172
$285.63
$203.51
$138.44
$170.66
$154.50
$152.50
75
100
125
150
175
200
225
250
275
300
2003 … 4th Quarter
Data Source: USDA‐AMS, Compiled and Forecasts by LMIC
Livestock Marketing Information Center
LMIC Projections
$15‐$20/cwt lower
for Q4.2018
C-P-66
02/19/18
$307
‐$21
$69
‐$16
‐100
0
100
200
300
400
500
1990 …
November 20, 2024
USDA-ERS, Compiled by LMIC
LivestockMarketing Information Center
Scatterplot … USDA-ERS, Compiled by LMIC
LivestockMarketing Information Center
2008 …
April 8, 2014
Risk Management Strategies
Reserved4/8/2014
Commodity, Crop Insurance, and Livestock Programs
Component Conference … Yes
SCO combined with PLC Yes
Marketing Loans YesLivestock Disaster Programs Yes
44B … 355 per ton
Nonrecourse Marketing Loan Rates
74B Ag Consultants …
October 6, 2022
Encouragement
https://www.agmanager.info/livestock-meat/meat-demand
Agricultural … https://www.agmanager.info/livestock-meat/meat-demand/meat-demand-
research-studies/what-has-caused-increase-retail-pork-prices
Agricultural … factors
https://www.agmanager.info/livestock-meat/meat-demand/meat-demand-
research-studies/what-has-caused-increase-retail-pork-prices
Agricultural …
July 8, 2018
the invisible hand of the market:
Henry Ford’s Model T … pursue solutions
3) “Let markets work”
10
GT Situation … needed at times
3) “Let markets work”
GT: Minimize …
January 9, 2017
Summary
4
5
http://www.agmanager.info/livestock-meat/cattle-finishing-historical-and-projected-returns
“Interesting … Rule Discussions
CATTLE
MARKETS
“BROKEN”
TPP/TTIP & … the invisible hand of the market:
Henry Ford’s Model T …
January 10, 2017
Annual Returns Over Cash Costs*
* Includes pasture rentData Source: USDA‐NASS, Livestock Marketing Information Center
What are the cost and return categories that separate the top third profitable farms from the bottom third?
Profit CategoryHigh 1/3 … 24 24Labor allocated to livestock, % 37.1 34.4 29.6Number of Cows in Herd …