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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2009

Iowa State University

Cornbelt Cow-Calf Conference

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Beef Outlook In Uncertain Times, Derrell S. Peel, John D. Lawrence Feb 2009

Beef Outlook In Uncertain Times, Derrell S. Peel, John D. Lawrence

Cornbelt Cow-Calf Conference

Forecasting beef and cattle markets by definition deals with the unknown, but conditions at the start of 2009 are more uncertain than usual. Typically, economists assume that demand is relatively stable from year to year and supply is the primary source of forecast error. However, as we have seen in recent months, both supply and demand are in play and many of the historic relationships used in predicting the future may not hold water in volatile markets. Following a lengthy discussion about the factors that impact the cattle market and how they have changed, we will provide our outlook for ...


Remodeling Your Production System, Derrell S. Peel, John D. Lawrence Feb 2009

Remodeling Your Production System, Derrell S. Peel, John D. Lawrence

Cornbelt Cow-Calf Conference

Production systems developed and optimized with $1.25/lb calves, $2/bu corn, $40/ton hay, $30/acre pasture rents and $150/ton nitrogen need to be re-evaluated in the light of higher input costs and cheaper calves. Economic returns to cowherds depend on both revenue and costs. Both of these depend on your production system and most if not all the pieces interact within the system of production, marketing and management. Following an overview of the economic implications of changing market conditions, we discuss a few of the critical factors that producers should evaluate and before deciding to remodel ...