Kansas State economists study 1982 farm prospects
Kansas State University extension expert Don Pretzer says inflation, higher input costs, and flat prices will stress cash flows for farmers in 1982. He advises shifting loans, delaying new machinery, optimizing storage and marketing, and using forward contracts to lock in prices. Livestock budgets look brighter due to lower feed costs, with specific tips for beef, dairy, hogs, and cow-calf operations.
MENTIONED IN THIS ARTICLE
Manhattan
Kansas
Kansas State University
Don Pretzer
Pretzer
Economist
Exports To Help Soybean Prices In 1981
Kansas agricultural economist Orren Grunewald says exports may recover slightly to offset this year’s large U.S. soybean crop. Forecasts range from 765 to 835 million bushels but depend on world oilseed production the dollar and South American competition.
MENTIONED IN THIS ARTICLE
Manhattan
Orren C. Grunewald
Kansas Cooperative Extension Service
South America
USDA
Germany
U.S
Grunewald
Fed Cattle Prices Seen Under Pressure Yet Likely to Improve Next Year
Kansas State University analyst predicts fall fed cattle prices will stay under pressure due to higher marketings and ample pork and poultry. He forecasts Omaha choice steer prices in the mid 60s per cwt through late 1981, with a modest fourth quarter recovery and a yearly average near 66 cwt. He notes profitability for feeders has lagged full costs, with a weak dollar but steadier exchange rates ahead. Soybeans and soybean oil prospects are mixed with soybean prices around 7 per bushel and oil prices 20 to 24 cents per pound as demand shifts.
MENTIONED IN THIS ARTICLE
U.S
Chicago
Germany
Manhattan
Mike Sands
Kansas State University Cooperative Extension Service
Omaha
Kansas
Grunewald
Corn and grain sorghum outlook lowers prices next year
Kansas State University economist Orlen Grunewald says prospects for large corn and grain sorghum crops plus export uncertainty will push prices down in 1981 82 with harvest prices around 2 50 to 2 60 per bushel and averages near 2 70 to 2 90 as supplies grow Carryover stocks and possible early frost could alter the pattern but exports to the Soviet Union look promising unless Polish events curb demand The forecast also anticipates greater feed use for corn as prices ease aiding animal units and competition with soybean meal and wheat in rations
MENTIONED IN THIS ARTICLE
Pretzer
Manhattan
Kansas State University
Orlen Grunewald
Kansas Cooperative Extension Service
Poland
Grunewald
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