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FEFO Archive: Livestock economics

Profit Margins Continue Negative Trend in 2013, Likely to Turn Positive in 2014
Bradley L. Zwilling
FEFO 14-24, 12/19/2014
 
No Abstract Available
 
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Profit Margins Turn Negative in 2008, Likely to Continue with Projected Low Milk Prices in 2009
Bradley L. Zwilling
FEFO 09-18, 11/30/2009
 

Abstract

Higher milk prices were not enough to offset higher costs resulting in total economic costs exceeding returns for Illinois dairy producers in 2008, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association.
 
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More Red Ink Expected for Hog Producers in 2008 After Experiencing Losses in 2007
Dale Lattz
FEFO 08-22, 12/29/2008
 

Abstract

Higher total costs mainly due to higher feed costs in 2007 resulted in Illinois hog producer profits decreased by $9.72 per hundredweight produced compared to 2006.
 
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Costs and Returns for Illinois Beef Producers in 2007
Dale Lattz
FEFO 08-21, 12/24/2008
 

Abstract

Total economic costs in 2007 for Illinois beef feeding enterprises exceeded total returns by $10.81 per 100 pounds of beef produced on 6 beef feeding farms.
 
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Returns Exceed Costs for Dairy Producers in 2007, Profit Margins Likely to Turn Negative in 2008
Dale Lattz
FEFO 08-18, 10/22/2008
 

Abstract

Higher milk prices more than offset higher costs resulting in returns exceeding total economic costs for Illinois dairy producers in 2007, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association.
 
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After Profitable 2006, Hog Producers Operate at Near Breakeven Levels for 2007, Red Ink Predicted for 2008
Dale Lattz
FEFO 08-02, 1/16/2008
 

Abstract

Lower total returns due to lower market hog prices in 2006 and higher costs resulted in Illinois hog producer profits to decrease by $6.62 per hundredweight produced compared to 2005.
 
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Costs and Returns for Illinois Beef Producers in 2006
Dale Lattz
FEFO 08-01, 1/4/2008
 

Abstract

Total economic costs in 2006 for Illinois beef feeding enterprises exceeded total returns by $16.55 per 100 pounds of beef produced on 8 beef feeding farms. The 2006 returns were the lowest return for any year of the last five years and the lowest since 1998.
 
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Costs Exceed Returns for Dairy Producers in 2006, Profit Margins Likely to Turn Positive in 2007
Dale Lattz
FEFO 07-16, 10/22/2007
 

Abstract

Lower milk prices and higher costs resulted in total economic costs exceeding returns in 2006, the first time this has occurred in three years
 
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Profitable 2006 Will Result In Three Consecutive Years Of Profits For Hog Producerse
Dale Lattz
FEFO 06-20, 11/21/2006
 

Abstract

Ower total returns due to lower market hog prices in 2005 and lower ending inventory values resulted in Illinois hog producer profits to decrease by $5.75 per hundredweight produced compared to 2004.
 
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Costs And Returns For Illinois Beef Producers In 2005
Dale Lattz
FEFO 06-19, 11/13/2006
 

Abstract

Total economic costs in 2005 for Illinois beef feeding enterprises exceeded total returns by $5.68 per 100 pounds of beef produced on 11 beef feeding farms. During the last five years, there has been two years where returns were higher than the 2005 returns and two years with lower returns.
 
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Returns Exceed Costs For Dairy Producers In 2005, Profit Margins Likely To Turn Negative In 2006
Dale Lattz
FEFO 06-17, 10/20/2006
 

Abstract

Lower feed costs helped offset lower milk prices resulting in total returns exceeding total economic costs for the second year in a row for Illinois dairy producers.
 
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Profits Should Continue For Hog Producers In 2005 After Profitable 2004
Dale Lattz
FEFO 05-21, 11/14/2005
 

Abstract

Higher total returns due to higher market hog prices in 2004 resulted in Illinois hog producer profits to increase by $14.36 per hundredweight produced compared to 2003.
 
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Costs And Returns For Illinois Beef Products In 2004
Dale Lattz
FEFO 05-20, 10/26/2005
 

Abstract

Total economic costs in 2004 for Illinois beef feeding enterprises exceeded total returns by 55 cents per 100 pounds of beef produced on 11 beef feeding farms.
 
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Dairy Producers Benefit From Record High Milk Prices In 2004, Profits Should Continue In 2005
Dale Lattz
FEFO 05-19, 09/19/2005
 

Abstract

Record high milk prices more than offset increased costs resulting in total returns exceeding total economic costs for Illinois dairy producers in 2004, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association.
 
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Returns Improve Marginally For Dairy Producers In 2003, Profits Should Return In 2004
Dale Lattz
FEFO 04-17, 09/22/2004
 

Abstract

While there was some improvement in milk prices, total economic costs still exceeded total returns for Illinois dairy producers in 2003, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association.
 
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Costs And Returns For Illinois Beef Producers In 2003
Dale Lattz
FEFO 04-16, 09/14/2004
 

Abstract

Total returns in 2003 for Illinois beef feeding enterprises exceeded total economic costs by $20.87 per 100 pounds of beef produced on 11 beef feeding farms. This was by far the highest profit margin for these farms since this study began in 1980. Total costs exceeded returns by $7.97 per 100 pounds produced in 2002. Total returns have exceeded total economic costs in only five years since 1980, when this study began. Those years were 2003, 1999, 1992, 1990, and 1987. The 2003 level of returns was $26.27 per 100 pounds beef produced above the average returns for the 1994 through 2003 time period. Figure 1 illustrates average returns, cash operating costs and total costs for the 1994 through 2003 time period.
 
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Hog Producers Should Experience A Profitable Year In 2004 After Breakeven Situation In 2003
Dale Lattz
FEFO 04-15, 09/02/2004
 

Abstract

While showing improvement in the bottom line, total economic costs were still slightly higher than total returns for hog producers in 2003. Higher market hog prices during the last three quarters of the year were the main reason for the improved profit margins. Feed costs increased in 2003 resulting in higher total costs compared to the year before. Higher market hog prices during the first half of 2004 along with projections for good prices during the second half of the year and lower feed costs should result in a profitable year for hog producers in 2004.
 
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Costs and Returns for Illinois Beef Producers in 2002
Dale Lattz
FEFO 03-17, 09/08/2003
 

Abstract

Total economic costs in 2002 for Illinois beef feeding enterprises exceeded total returns by $7.97 per 100 pounds of beef produced on 10 beef feeding farms. Total costs exceeded returns by $8.48 per 100 pounds produced in 2001. Total returns have exceeded total economic costs in only four years since 1980, when this study began. Those years were 1999, 1992, 1990, and 1987. The 2002 level of returns was 22 cents per 100 pounds beef produced above the average returns for the period 1993 through 2002. Figure 1 illustrates average returns, cash operating costs and total costs for the 1993 through 2002 time period.
 
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Dairy Profits in 2002
Dale Lattz
FEFO 03-14, 07/31/2003
 

Abstract

Significantly lower milk prices resulted in total economic costs exceeding total returns for Illinois dairy producers in 2002, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association (FBFM).
 
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Hog Profits in 2002 and 2003
Dale Lattz
FEFO 03-12, 06/30/2003
 

Abstract

After three profitable years, total economic costs exceeded total returns for hog producers in 2002. Lower market hog prices, especially during the last three quarters of the year, were the main factor for the negative profit margin. Feed costs did increase some in 2002 but were still at relatively low levels. Projections for decreased pork production resulting in higher hog prices along with lower feed costs during the second half of the year could result in a narrow but positive profit margin for producers in 2003.
 
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Costs and Returns for Beef Producers, 2001
Dale Lattz
FEFO 02-20, 10/31/2002
 

Abstract

Total economic costs in 2001 for Illinois beef feeding enterprises exceeded total returns by $8.48 per 100 pounds of beef produced on 8 beef feeding farms. Total costs exceeded returns by $5.55 per 100 pounds produced in 2000. Total returns have exceeded total economic costs in only four years since 1980, when this study began. Those years were 1999, 1992, 1990, and 1987. The 2001 level of returns was $1.48 per 100 pounds beef produced below the average returns for the period 1992 through 2001. Figure 1 illustrates average returns, cash operating costs and total costs for the 1992 through 2001 time period.
 
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Profitable Year for Dairy Producers in 2001
Dale Lattz
FEFO 02-19, 10/18/2002
 

Abstract

Significantly higher milk prices resulted in total returns exceeding total economic costs for Illinois dairy producers in 2001, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association.
 
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Hog Production Profitable in 2001, Red Ink on the Way
Dale Lattz
FEFO 02-15, 08/06/2002
 

Abstract

For the third year in a row, total returns exceeded total costs for hog producers in 2001. Good market hog prices, especially during the second and third quarter, and continual low feed costs were the main factors for the positive profit margins. However, increased pork production, sluggish demand and increasing feed costs will result in negative profit margins for producers in 2002.
 
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Costs and Returns for Illinois Beef Production in 2000
Dale Lattz
FEFO 01-21, 10/19/2001
 

Abstract

Total economic costs in 2000 for Illinois beef feeding enterprises exceeded total returns by $5.55 per 100 pounds of beef produced on 13 beef feeding farms. Total returns exceeded costs by $6.95 per 100 pounds produced in 1999. Total returns have exceeded total economic costs in only four years since 1980, when this study began. Those years were 1999, 1992, 1990, and 1987. The 2000 level of returns was $2.52 per 100 pounds beef produced above the average returns for the period 1991 through 2000. Figure 1 illustrates average returns, cash operating costs and total costs for the 1991 through 2000 time period.
 
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Dairy Returns Fall in 2000
Dale Lattz
FEFO 01-18, 09/07/2001
 

Abstract

Significantly lower milk prices resulted in total economic costs exceeding returns for Illinois dairy producers in 2000, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association.
 
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Hog Producers Enjoy Profitable Times
Dale Lattz
FEFO 01-16, 08/14/2001
 

Abstract

After a disastrous year in 1998, hog production has become profitable again. A reduction in pork output, strong product demand and low feed costs have all contributed to the better times. While producers experienced their lowest returns on record in 1998, returns above all costs in 2000 were at their highest level since 1990.
 
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