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Broiler Economics

  • Broiler Economics: Grain Prices May Have Peaked, June 2022

    In crop year 2019-2020, the average farm price of corn in the US was $3.50 per bushel ($140 per ton). The subsequent bull market brought that price up to $8.00 per bushel recently ($320 per ton). Have prices peaked? Although picking the top of a market is notoriously difficu... Read more

  • Broiler Economics: War in a Bread Basket, April 2022

    Ukraine and adjacent parts of Russia are a vital world bread basket. Ukraine alone is responsible for 12% of world corn exports, 10% of world wheat exports and 57% of world sunflower exports. Russia exports 19% of wheat in world trade. All the grain exports that go through t... Read more

  • Broiler Economics: The Importance of South America, Feb. 2022

    At the beginning of this century, South America (primarily Argentina and Brazil) produced approximately the same amount of soybeans as did the US. Soon, production in South America will be double that of the US. This enormous shift, in just a couple of decades, has good and ... Read more

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