While America’s ranchers work to rebuild the cattle herd, economists say something is brewing with hogs.
New data shows the U.S. hog herd could be ready to expand. They have been crunching the numbers and say feed costs are the largest indicator right now.
“The hog-to-corn price ratio just rounds up to 20 for the last two quarters. Last Friday’s closing prices for the same month’s hog and corn futures contracts suggest ratios exceeding 27 in July and 20 in December 2025, and remaining above 20 in May 2026. If such levels persist, perhaps some breeding herd growth could be observed in subsequent quarterly reports,” said Jason Franken.
Franken has been studying these numbers for a while now. He says that if those levels keep up, future reports could show breeding herd growth down the line.
What can these facilities do to protect themselves? I wrote about this issue last spring, and since that time, the U.S. Court of Appeals for the Eighth Circuit has issued a significant opinion. That makes an update in order.
February 28, 2024 11:04 AM
·
As we start the new year, let’s take a look at some of the legislative items from 2023 affecting agriculture that will continue to play out in the political area for months to come.
January 02, 2024 12:00 PM
·
November 27, 2023 12:50 PM
When it comes to Kansas’ “Right to Farm” law, and property rights with respect to road ditch right-of-ways and the common law and trespassing and nuisance — how far can one go without infringing on others? RFD-TV’s Farm legal expert Roger McEowen details a recent opinion by the Kansas Court of Appeals in a case involving a hog farmer, which, he says, is perhaps the most egregious ag nuisance case that has ever gone to an appellate-level court in Kansas.
September 07, 2023 12:14 PM
·
