• 10/26/2015
    Broiler Economics: The 2015 USA Harvest is Made, Oct. 2015

    The world poultry industry should be encouraged by the fact that the US harvest of grain is “made.” That means there is little more that Mother Nature can do this year that would ruin the crop.
    Adobe Acrobat PDF file | 308 KB

  • 08/26/2015
    Broiler Economics: Ups and Downs of the Grain Market, Aug. 2015

    Following the publication of the USDA Grain Stocks report on June 30th, corn and soybean prices spiked upward. The report showed that corn and soybeans were being depleted faster than had been expected. In addition, there were supply concerns due to excessive rain in the eastern Corn Belt.
    Adobe Acrobat PDF file | 403 KB

  • 06/18/2015
    Broiler Economics: Bear Market for Grain, June 2015

    Barring a drought, low grain and oilseed prices are likely to last through next crop year. This is a substantial bear market in grain. Nevertheless, it is important to remember that, while no one can predict the exact end of a down cycle, the downside risks are now diminished while the upside risks will increase over time.
    Adobe Acrobat PDF file | 568 KB

  • 04/20/2015
    Broiler Economics: Grain Supplies Still Abundant, Apr. 2015

    The supply of grains and oilseeds vital to the poultry industry are currently abundant and prices continue to fall. Barring a drought, low prices are likely to last at least for a considerable amount of time.
    Adobe Acrobat PDF file | 412 KB

  • 02/26/2015
    Broiler Economics: Grain Prices Low and Stable for the Moment, Feb. 2015

    In a similar fashion to the price of oil, it took a few years of rising world production to knock grain prices from unusually high levels and bring them down to earth. It has finally happened, both corn and soybean meal (and crude oil as well) are down from the clouds and appear to be stable at much lower levels, at least for this year. Barring an important drought this year in the US, grain prices should remain low through the entire year, and barring political problems, crude oil should remain low as well.
    Adobe Acrobat PDF file | 404 KB