Economics and Marketing
Tracking livestock returns and production margins
Managing price risk and market volatility
Analyzing seasonal price patterns and basis trends
Creating accurate budgets and financial plans
Assessing economic impact of mortality improvements
Accessing real-time market data and USDA reports
Budgets and Planning
Budget tables to estimate production costs for common livestock enterprises in Iowa.
Enterprise budgets, mortality improvement tools, and building lease agreements for financial planning.
Budget tables to estimate production costs for common livestock enterprises in Iowa.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/livestock/html/b1-21.htmlEstimating a fair rental rate for livestock buildings can be based on current market rates, owner's cost of ownership, and tenant’s residual income.
Enterprise budgets, mortality improvement tools, and building lease agreements for financial planning.
Estimating a fair rental rate for livestock buildings can be based on current market rates, owner's cost of ownership, and tenant’s residual income.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/wholefarm/html/c2-26.htmlResource Detail
Market Analysis
This tool provides a dashboard with data from the USDA-AMS Daily Direct Hog Prior Day Net Price Distribution report.
Price patterns, basis data, and market reports to guide buying and selling decisions.
This tool provides a dashboard with data from the USDA-AMS Daily Direct Hog Prior Day Net Price Distribution report.
Iowa State University Extension and Outreach https://hogprice.card.iastate.edu/The table shows Iowa/Southern Minnesota lean hog basis for the 51–52 percent lean carcass contract.
Price patterns, basis data, and market reports to guide buying and selling decisions.
The table shows Iowa/Southern Minnesota lean hog basis for the 51–52 percent lean carcass contract.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/livestock/html/b2-41.htmlHog prices have historically shown a somewhat predictable seasonal pattern from month to month that repeats itself annually. Because the pattern is relatively predictable, it can be useful in making production, marketing or pricing decisions.
Price patterns, basis data, and market reports to guide buying and selling decisions.
Hog prices have historically shown a somewhat predictable seasonal pattern from month to month that repeats itself annually. Because the pattern is relatively predictable, it can be useful in making production, marketing or pricing decisions.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/livestock/html/b2-14.htmlResource Detail
Market Data and Reports
AMS publishes 20 daily and 2 weekly swine reports each week. The reports cover time periods, regions, and activities.
USDA slaughter data, price distributions, and official market news for informed decision-making.
AMS publishes 20 daily and 2 weekly swine reports each week. The reports cover time periods, regions, and activities.
USDA AMS https://www.ams.usda.gov/market-news/swine-direct-reportsUSDA Market News Service information on federally inspected slaughter by species and day.
USDA slaughter data, price distributions, and official market news for informed decision-making.
USDA Market News Service information on federally inspected slaughter by species and day.
USDA AMS https://www.ams.usda.gov/market-news/swine-reportsResource Detail
Performance Tracking
Estimated returns for farrow to finish, farrow to wean, wean to finish, wean to feeder, and feeder to finish presented in either chart form or Excel file format.
Estimated returns calculators and margin analysis for different production systems.
Estimated returns for farrow to finish, farrow to wean, wean to finish, wean to feeder, and feeder to finish presented in either chart form or Excel file format.
Iowa State University https://estimatedreturns.econ.iastate.edu/Assessment of the possible net income changes due to a reduction in mortality for a representative operation.
Estimated returns calculators and margin analysis for different production systems.
Assessment of the possible net income changes due to a reduction in mortality for a representative operation.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/livestock/html/b1-79.htmlResource Detail
Resources and Education
Latest economic publications, tools, and market commentary to keep you informed.
Comprehensive tools, decision guides, and expert publications for economic analysis and planning.
Latest economic publications, tools, and market commentary to keep you informed.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/whatsnew.htmlCollection of expert analysis, market insights, and decision tools from Lee Schulz, chief economist, Ever.Ag Livestock Division; former ISU extension livestock economist.
Comprehensive tools, decision guides, and expert publications for economic analysis and planning.
Collection of expert analysis, market insights, and decision tools from Lee Schulz, chief economist, Ever.Ag Livestock Division; former ISU extension livestock economist.
Ever.Ag https://www.extension.iastate.edu/agdm/authors/lschulz.htmlCentral hub for livestock economics, including budgets, marketing tools, and risk management guides.
Comprehensive tools, decision guides, and expert publications for economic analysis and planning.
Central hub for livestock economics, including budgets, marketing tools, and risk management guides.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/Resource Detail
Risk Management
Identify price risk management by calculating a margin that could be hedged for feeder cattle or market hogs placed on feed at a future date. It uses basis adjusted futures prices from the previous trading day’s close to calculate a market hog finishing margin (Lean Hogs - Weaned Pig - Corn - Soybean Meal).
Revenue insurance, hedging strategies, and crush margin tools to protect profitability.
Identify price risk management by calculating a margin that could be hedged for feeder cattle or market hogs placed on feed at a future date. It uses basis adjusted futures prices from the previous trading day’s close to calculate a market hog finishing margin (Lean Hogs - Weaned Pig - Corn - Soybean Meal).
Iowa State University https://cowweb.exnet.iastate.edu/CowWeb/faces/CrushMargins.jspManaging the crush margin between the hog revenue and the major inputs costs, weaned pigs, corn and soybean meal that change with market conditions is very important. This tool allows you to view potential profits or margins for your operation.
Revenue insurance, hedging strategies, and crush margin tools to protect profitability.
Managing the crush margin between the hog revenue and the major inputs costs, weaned pigs, corn and soybean meal that change with market conditions is very important. This tool allows you to view potential profits or margins for your operation.
Iowa State University https://crushmargins.econ.iastate.edu/Revenue Insurance provides a safety net against a drastic decline in prices such as could happen when processing capacity is insufficient for the supply of livestock going to market. They can also be used when market price prospects are relatively good, to protect profits from unexpected downturns in price.
Revenue insurance, hedging strategies, and crush margin tools to protect profitability.
Revenue Insurance provides a safety net against a drastic decline in prices such as could happen when processing capacity is insufficient for the supply of livestock going to market. They can also be used when market price prospects are relatively good, to protect profits from unexpected downturns in price.
Iowa State University Extension and Outreach https://www.extension.iastate.edu/agdm/livestock/html/b1-50.htmlResource Detail
Questions?
Russ Euken
Beef and Swine Field Specialist