Home > Rising Corn Prices
Corn price increases—“fueled” by growing demand for corn
ethanol production and the world market for other grains—have greatly influenced grain price volatility and availability
for livestock feed. Swine production in the upper Midwest
is particularly affected, since diets are primarily based on corn and soybean meal, and feed
accounts for approximately two-thirds the cost of raising a pig for market.
March 28, 2007
1-4 pm
View Entire PorkCast Program, With Audio
Instructions
Click on the orange button, "View Entire PorkCast Program," above to access the recorded PorkCast program. Total program length is 2-1/2 hours. We apologize for audio difficulties experienced during the first 15 minutes of the program. Actual program begins 3 minutes into the recording. To jump forward or behind in the program, click on the toolbar located at the bottom of the screen (it may take a minute or two after accessing the program site before this capability is enabled). Timer next to toolbar indicates the time/location within the program. For reference, presentations occur at the following times:
- Introduction with Lynn Becker 3:00
- Brian Buhr presentation 6:20
- Mark Whitney presentation 1:08:49
- Gary Thome presentation 1:54:36
- Panel Q&A session 2:24:00
Slides of Presentations
| 1-1:10 pm |
Introduction and User Instructions
Lynn Becker, President, Minnesota Pork Board |
| 1:10-2:10 pm |
Corn Procurement and Risk Management Strategies (pdf)
Dr. Brian Buhr, Agricultural Economist, Univ. of Minnesota
Impacts of ethanol demand on feed costs and pork industry production, prices and profitability. Economic potential of DDGS in diets, price risk management, grain procurement and production management strategies to minimize the impacts on profitability. |
| 2:10-2:50 pm |
Managing the Cost of Production (pdf)
Dr. Mark Whitney, Swine Specialist, Univ. of Minnesota Extension
Production and management strategies to minimize effects of higher feed costs on profitability, including evaluating nutrient levels in diets, alternative ingredients, growth promotants and
metabolic partitioners, feeding management, assessing genetic merit and health status, minimizing other peripheral costs. |
| 2:50-3:30 pm |
Evaluating Short and Long Term Business Goals (pdf)
Gary Thome, Farm Bus. Mgt., Riverland Community College
Analyzing the production and financial health of the operation, re-establishing business and production goals, strategies to cope with marginal returns in the near future.
Swine finishing analysis spreadsheet (xls) |
| 3:30-4:00 pm |
Panel Question and Answer Session
Viewer submitted questions |
For more information on this event, contact Mark Whitney, University of Minnesota Extension at 888-241-3214 or whitn007@umn.edu or Trudy Wastweet, Minnesota Pork Board at 1-800-537-7675 or trudy@mnpork.com. |
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