Economics and Marketing
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ISU information and research
Ag Decision Maker
Link to the livestock information files of the Ag Decision Maker publication. Contains updated information on livestock costs and returns, budgets, marketing and risk management. Specific publications from Ag Decision Maker highlighted below.
- Creating a Flexible Swine Building Lease Agreement
- Lean Hog Basis
- Livestock Enterprise Budgets
- Revenue Insurance for Livestock Producers
- Seasonal Hog Price Patterns
Estimated Livestock Returns
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. Additional information is also available.
Iowa Farm Outlook News
Monthly newsletter and updated headline news for crop and livestock industry.
ISU Livestock Crush Margins
Managing the crush margin between the hog revenue and the major input 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.
ISU Livestock Crush Margin App
The ISU livestock crush margin app is a web based app that can be accessed through the link above by phone, tablet or computer, or by saving the URL on your phone. Internet access is needed to use the app and access futures market prices used in the app. The app will help you with price risk management by calculating a margin that could be hedged for fed 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 fed cattle finishing margin (Live Cattle – Feeder Cattle – Corn) or a market hog finishing margin (Lean Hogs – Weaned Pig – Corn – Soybean Meal).
To use, select either cattle or hogs and the date they will go on feed, and the app will use the futures price and Iowa historical basis to calculate the potential margin above the cost of the feeder and estimated partial feed cost. This app complements the ISU livestock crush margin that is calculated and posted every Wednesday. That app allows users to select placement day and adjust input prices or basis if they choose.
For additional information or questions contact Russ Euken ISU Extension Livestock Specialist email@example.com or 641-923-2856, or Lee Schulz ISU Extension Livestock Economist firstname.lastname@example.org or 515-294-3356.
Additional information sources
National Pork Board Economic Impact of Swine Operations
The Economic Impact of Swine Operations spreadsheet tool is designed to highlight the dynamic income and expense activities created by pork production farms. An Excel tool allows you to input and determine economic impact of swine operations.
|Daily state and region||Weekly state and region|
|Iowa-Central U.S. feeder|
|Daily national||Estimated meat production|
|Actual Livestock Slaughter
Estimated Red Meat Production