Hedge on DDG
CME Group announced the launch of dried distillers grain agricultural commodity futures contracts, scheduled to begin trading April 26.
Long-term outlook shows higher cattle prices
SDA released its agricultural projections to 2019 last week, showing gradual improvements in consumption, trade, and livestock prices over the next decade.
Smaller inventory, improving prices
The USDA's annual cattle inventory report suggests improving prices for 2010. That’s because the nation’s beef herd is down 1 percent, making it the smallest herd inventory since 1963.
Beef industry on the mend in 2010
The cattle industry should be on the mend in 2010, says Purdue University Extension economist Chris Hurt.
Retained ownership decisions Webinar
The Nebraska Department of Agriculture and the Nebraska Corn Board will host a free Webinar on Dec. 16, titled “Retained Ownership Decisions: Advantages of Feeding in Nebraska.”
Everyday risk management
It’s no secret that agriculture is a risky business, but when we hear the term “risk management,” we typically think of using futures, options or other tools to manage the risk of lower prices for cattle or higher prices for inputs such as feed.
Practical, low-cost tips for protecting profits during tough times.
The Role of Human Resource Management in Risk Management
Bernie Erven, an agricultural economist and expert in personnel management at The Ohio State University, offers these tips for managing people, and risk, in agricultural businesses.
Times are challenging, but watch for opportunities
“We’ll get through this,” Randy Blach told the crowd at the 2009 CattleFax Outlook Conference, “and those who do a better job of managing their risk will get through a little better than the rest of us.”
“Buddy, can you spare a nickel for my horse?”
As Congress negotiated the terms of a $700 billion bailout for Wall Street last month, President Bush addressed the nation with a dire warning: “Our entire economy is in danger.”
Know the signs of burnout
“Employee burnout is more than a temporary situation after a difficult week,” says Dorothy Lecher, human resources director at Prema-Lean Farms.