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Posts Tagged ‘IBC newsletter’

Feed Costs – The New Economics

October 17th, 2011

By Dan Loy, Iowa Beef Center

Feed costs have been increasing since 2007, but recent developments have moved feed costs into uncharted territory. After 40 years of $2 corn livestock producers became quite comfortable with these costs and with the relationship between year to year feed cost fluctuations and the cost of production.  2007 brought a new plateau in feed (corn) costs which have continued to increase, along with increased variation and volatility. These appear to be the new rules of feed cost economics.

Perhaps the most dramatic change that has occurred during this time period is that corn is no longer the lowest cost source of feed energy. This is a drastic change in Iowa, where “corn-fed” is often considered to be the middle name of Iowa Beef. For much of the past 100 years, the best cattle feeding ration has included corn, home-grown forage and a complete protein-based supplement. Today the best options are more local and may change from year to year. To be the low cost producer today takes a new approach to management of feed, ration and cattle. Check out the latest issue of  “Growing Beef Newsletter” for suggestions to consider as you develop feeding programs for the upcoming year.

What are you doing to control the increased cost of feed in your operation?

Director's Comments, Feed/Corn Coproducts, Feedlot Operations, Uncategorized , ,

IBC Newsletter: Working with your Ag Lender

November 2nd, 2009

newsletternovThe November issue of the Iowa Beef Center newsletter, Growing Beef, is now available! Robert Jolly, Iowa State University economics professor, walks feedlot operators through preparations for upcoming meetings with their ag lenders. Click here to read Jolly’s recommendations on understanding your lender and developing a plan regarding your operation’s financial future.

For more information on working with your ag lender and understanding your operation’s financial future, check out the following Iowa State University Extension resources:

Economics & Markets, Feedlot Operations , ,

IBC Newsletter: Preparing for Winter

October 6th, 2009

The October issue of the Iowa Beef Center newsletter, Growing Beef, is now available!  This month’s issue focuses on preparing your organizations for winter, including articles on getting your feed supply ready for winter and fall prep for tackling winter cattle comfort. Click here to read the latest issue of Growing Beef. Extra education is available to help you prepare for the trials of the coming winter weather:

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Cow-Calf Operations, Feed/Corn Coproducts, Feedlot Operations , , ,