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Department of Agricultural Economics Purdue University 2014 Meat Animal Outlook Chris Hurt Purdue Extension Service August 2013.

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Presentation on theme: "Department of Agricultural Economics Purdue University 2014 Meat Animal Outlook Chris Hurt Purdue Extension Service August 2013."— Presentation transcript:

1 Department of Agricultural Economics Purdue University 2014 Meat Animal Outlook Chris Hurt Purdue Extension Service August 2013

2 Department of Agricultural Economics Purdue University

3 Department of Agricultural Economics Purdue University $5 to $6 $5- $8+ Corn Price

4 Department of Agricultural Economics Purdue University

5 Department of Agricultural Economics Purdue University

6 Department of Agricultural Economics Purdue University Time to get back in the GAME: Production 20132014 Beef-1%-6% Pork+1%+3% Chicken+2%+3% Turkey-1%+3% Total $ Meats 0%+1% Eggs+1%+1%

7 Department of Agricultural Economics Purdue University

8 Department of Agricultural Economics Purdue University

9 Department of Agricultural Economics Purdue University

10 Department of Agricultural Economics Purdue University

11 Department of Agricultural Economics Purdue University 1952

12 Department of Agricultural Economics Purdue University Source: Kansas State University

13 Department of Agricultural Economics Purdue University Costs

14 Department of Agricultural Economics Purdue University

15 Department of Agricultural Economics Purdue University

16 Department of Agricultural Economics Purdue University Beef Cow Expansion Requires: 1. Improved Pasture 2. Calf Prices of $1.75+

17 Department of Agricultural Economics Purdue University PASTURE Recovery: 57% of Beef Cows

18 Department of Agricultural Economics Purdue University

19 Department of Agricultural Economics Purdue University

20 Department of Agricultural Economics Purdue University $35

21 Department of Agricultural Economics Purdue University

22 Department of Agricultural Economics Purdue University

23 Department of Agricultural Economics Purdue University

24 Department of Agricultural Economics Purdue University March ‘10 = 5.76m down 7% from Mar 08 June 13= 5.882 down 2% from June 13

25 Department of Agricultural Economics Purdue University

26 Department of Agricultural Economics Purdue University

27 Department of Agricultural Economics Purdue University

28 Department of Agricultural Economics Purdue University

29 Source: Iowa State University

30 Department of Agricultural Economics Purdue University Rockwell Print Jay County


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