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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Oct 13, 1983
Page
9
Kansas State University economist Mike Sands says Americans eat similar beef amounts as population rises, but drought and grain price spikes push feeders into red. He warns 1984 profits stay slim, with cattle numbers shrinking and prices climbing only gradually into spring.
Kansas State University extension grain marketing specialist Bill Tierney notes brisk market activity for soybeans and feed grains through September amid drought and government programs. He urges producers to hedge '83 and '84 crops, use cross hedges with corn for sorghum, and prepare for anticipated price declines as demand and stocks shift.
Kansas State University extension farm specialist Don Pretzer analyzes 150 hog and cow-calf operations to show how cost-return planning and targeted labor investments can improve net profits. He argues retained ownership, better feeder management, and selective veterinary spending can reduce breakeven costs and lift profits despite drought and high input prices.
Manhattan reports Kansas State University extension specialist Don Pretzer warns hog producers to reconsider expansion plans as breakeven costs rise with high corn and soybean meal prices. He notes fall feed costs limit what can be paid for feeder pigs, projecting breakeven only if corn drops and hogs reach mid $50s by mid 1984.
Kansas State University economist Mike Sands notes a widening farm to retail price spread, signaling bigger losses for livestock producers despite consumer bargains. He cites record meat supply in late 1983 and into 1984, with pork up about 13 percent and total red meat and poultry production over 4 percent higher than 1982, suggesting continued price pressures for farmers while shoppers enjoy lower beef prices this fall.
Kansas farm operators plan higher expenditures in 1984, aiming to reach 1979 peak levels as costs rise across six major categories. In crop and livestock areas, increases stem from more acres and higher feed, fertilizer, fuel, and machinery costs, with price forecasts for 1984 spanning interest, fertilizer, fuel, land rents, machinery, and pesticides.
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