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Capitalizing on Cow Costs: Part 2
In a previous article, ‘Capitalizing on Cow Costs’ reducing feed costs to improve cow efficiency was discussed. To continue the conversation, another area of cost reduction is in cull cows, bulls and calf death loss.
Using Increased Longevity to Reduce Annual Cow Cost
When evaluating annual cow cost, feed rises to the top of the list. Feed cost is an important area to consider; however, have you evaluated the cost of incorporating replacement heifers into the cowherd?
Corn Grain Moisture Discount: Why and How Much?
Corn marketed at the standard moisture content of 15.5% and 56 pounds per bushel typically contains 47.3 pounds of dry matter and 8.7 pounds of water. At harvest, a producer has to decide whether to sell (or even store) his corn at ‘as is’ moisture content or mechanically dry it before taking it to the buyer.
Planting Projections 2020
South Dakota producers recently indicated they plan to plant 12.9 million acres of corn, soybeans and wheat in 2020, plus an additional 620,000 acres of sunflowers, 345,000 acres of oats and 45,000 acres of barley, as well as 270,000 acres of sorghum and 11,000 acres of dry edible peas.
End of Life Documents You Should Have in Place
COVID-19 infection and mortality rates fill the news programs. Across South Dakota and the nation, people are have made changes to their lifestyle and the way they accomplish many everyday activities. In response to this illness and the potential for long-term hospitalization and even death, individuals over 18 should also ensure their end of life documents are up-to-date.
Minimizing Synchronization Costs
With the rising costs of certain feed supplements, uncertainty in the markets, and fear of the unknown, using an estrus synchronization protocol may be the last thing on producers’ minds. However, there is still opportunity to incorporate estrus synchronization without breaking the bank.
SDSU Basis Report: Monitoring Agricultural Market Dynamics
The SDSU Basis Report application provides an interactive platform for monitoring basis values, representing the difference between the cash price paid for grain locally and the nearby futures price.
Grain Merchant and Processor Consolidation, Concentration, and Competition
A general trend in the last century has been for greater consolidation among Grain Merchants and Oilseed Millers and Processors. The U.S. Census Bureau tracks the number of firms and/or establishments and value of sales (market size) by industry sector every 5 years as a part of the Economic Census. In addition to the number of firms and sales, the Census Bureau publishes concentration ratios for each sector. One concentration ratio they publish is the amount of sales attributed to the four largest firms in that sector. The percentage of sales of the 4 largest firms is a measure that aids in identifying the type of market structure that exists.
Ag Economic Dialogues - October
This free, 1-hour webinar was created to assist farmers and ranchers in making the best and most profitable decisions for their operations.
Ag Economic Dialogues - November
This free, 1-hour webinar was created to assist farmers and ranchers in making the best and most profitable decisions for their operations.