domestic and world perspective rob holcomb abm university of minnesota extension n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Minnesota Livestock Economics PowerPoint Presentation
Download Presentation
Minnesota Livestock Economics

Loading in 2 Seconds...

play fullscreen
1 / 11

Minnesota Livestock Economics - PowerPoint PPT Presentation


  • 104 Views
  • Uploaded on

Domestic and World Perspective Rob Holcomb, ABM University of Minnesota Extension. Minnesota Livestock Economics. Current Events . Big news last week was the Russian ban on meat imports out of the U.S., E.U., Canada and Australia. What has the U.S. been exporting to Russia?

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Minnesota Livestock Economics' - chaney


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
domestic and world perspective rob holcomb abm university of minnesota extension
Domestic and World Perspective

Rob Holcomb, ABM

University of Minnesota Extension

Minnesota Livestock Economics

current events
Current Events
  • Big news last week was the Russian ban on meat imports out of the U.S., E.U., Canada and Australia.
    • What has the U.S. been exporting to Russia?
    • Who is a major supplier to Russia?
    • Back Door sales?????
cattle cont
Cattle Cont.
  • July 25th USDA Cattle on Feed Report was DOWN 2%
  • Fundamentals are supportive
  • Margin Management Critical
hogs cont
Hogs Cont.
  • Growing supplies seen ahead – even though numbers into October are expected slightly less from effects of PEDv
  • Seasonal trend lower
  • Fundamentals weak
  • Lower feed costs help with margins
milk cont
Milk Cont.
  • Slightly lower production combined with firm domestic commercial use and exports act to keep milk and dairy prices high this year. (USDA)
  • Cow numbers are forecast to rise in 2015, based on improved producer returns, leading to higher production. (USDA)
  • High milk production will likely lead to decreased prices in 2015. (USDA)
resources
Resources

Daily Livestock Report – CME Group

USDA Website

slide11

Rob Holcomb, EAExtension Educator, Ag. Bus. Mngt.University of Minnesota ExtensionMarshall, MN507-337-2807holcombr@umn.edu