Structuring a calving program that best suites farm and ranch operations can be challenging. Of primary concern are: weather, labor, market timing, and animal health considerations, with weather possibly being the most volatile factor, as it ranges from challenging to catastrophic in some years.
All Economics Content
Lots of conversations in agriculture lately focuses around labor or the lack of a labor pool of employees. This is the case not only for dairy farms, but also within the entire agriculture industry.
An integrated crop-livestock system can provide an alternative management strategy that benefits producer’s income, soil health, and the environment—all while increasing production.
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.
A key advantage to using commodities that meet standard specifications and are frequently traded is that it is very easy to establish an economic value that is accepted by most users. The marketplace sets the value of corn, and other feedstuffs on a daily basis, provided those products meet some set of standard specifications.
Effective marketing and risk management techniques often rely on sound benchmarks. Those marketing cattle need reasonable metrics to evaluate received and expected prices.
August 15, 2019
SDSU Extension will focus on production and marketing decisions at the August and September Ag Economic Dialogues.
August 12, 2019
SDSU Extension staff will be hosting several forums during Dakotafest 2019 held August 20-22 on the Schlaffman Farm near Mitchell, S.D., (2300 E Spruce Street) inside booth #600.
July 08, 2019
The I-29 Moo University consortium of Extension dairy specialists from Iowa, Minnesota, Nebraska and South Dakota will host a Financial Impairment on the Farm webinar from 12:00 p.m. to 1:00 p.m. on July 30, 2019. The webinar is free and open to all those involved in production agriculture, specifically producers and agri-business personnel.
2019 Growing Season Challenges Addressed by SDSU Extension Staff During Faulkton & Aberdeen Open-Houses
June 19, 2019
SDSU Extension is hosting open house meetings in Faulkton and Aberdeen June 21, 2019 to address the current state of farming.