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Publication Date:

7-2013

Description

In the current economic environment, livestock producers face numerous challenges that place constraints on the ability of this sector of agriculture to sustainably grow and prosper. Some of these factors include rising and volatile input costs, potential for severe equity drain, and broader economic influences. With these and other developing influences bombarding producers, and the likelihood of other challenges arising in the future, stakeholders are left pondering the economic situation facing the industry. Livestock production, like agriculture in general, is a notoriously cyclical industry. Given the livestock sector’s previous runs of prosperity as well as challenging times, it is logical to ask what the future might hold. This paper explores the relationship among supplies, prices and incomes, cost of production, and demand to examine some of the key factors that shape the cyclical pattern in livestock returns.

Disciplines:

Agricultural and Resource Economics | Meat Science

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Iowa State University Extension and Outreach publications in Digital Repository @ Iowa State University are made available for historical purposes only. The information contained in these publications may be out of date. For current publications and information from Iowa State University Extension and Outreach, please visit https://store.extension.iastate.edu/

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Iowa State University Extension and Outreach publications in the Iowa State University Digital Repository are made available for historical purposes only. Users are hereby notified that the content may be inaccurate, out of date, incomplete and/or may not meet the needs and requirements of the user. Users should make their own assessment of the information and whether it is suitable for their intended purpose. For current publications and information from Iowa State University Extension and Outreach, please visit http://www.extension.iastate.edu.

Agricultural Cycles: Livestock Market Assessment and Long Term Prospective (Beef Cattle and Hogs)

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