Will Increasing Corn and Soybean Prices Impact Feeder Cattle Prices This Year And in Future Years?

Apr 05, 2021

By Dr. Andrew Griffith

A question was asked last week how increasing corn and soybean prices will impact feeder cattle prices this year and in future years. In the short-run, higher feed prices will put pressure on feeder cattle prices, because it will be more expensive to feed them. However, this particular question was about pasture and hay acres potentially shifting into corn and soybean acres which would reduce the number of cattle over the next few years.

There is no doubt that some acreage could be shifted to row crop production, but it may take the form of intensifying land usage as opposed to a complete shift. Cattle production tends to work off a longer planning horizon than crop production so a price increase in grains and oilseeds does not mean a cattle producer should immediately change the course of action and shift land usage.

There is really no good way to answer the exact question that was asked, because there is no way to guess what land owners will do with land. The expectation is for stronger feeder cattle prices the next two to three years.

Source : osu.edu

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In this episode of The Swine it Podcast Show Canada, Dr. Jishu Shi, Professor of Vaccine Immunology at Kansas State University, discusses African swine fever prevention and vaccine development. He explains why ASF differs from classical swine fever and swine influenza, how the disease threatens trade and pork production, why immunization safety remains a critical hurdle, and what producers can do now to reduce the risk of introduction. Listen now on all major platforms!

"Before a safe and efficacious vaccine for ASF can be commercialized, what we really have is prevention."

Meet the guest: Dr. Jishu Shi is Professor of Vaccine Immunology and the Dr. Wayne & Hilda Appleton Endowed Professor at Kansas State University’s College of Veterinary Medicine. He directs the Center on Biologics Development and Evaluation and the U.S.-China Center for Animal Health. A veterinarian and vaccine immunologist, Dr. Shi has focused on vaccines for pigs and has worked on African swine fever vaccine development, control, diagnostics, and international training since 2018. Learn more from Dr. Jishu Shi on The Swine it Podcast Show Canada, available on all major platforms.