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Broiler Economics

  • Broiler Economics: Weather Market, August 2022

    Although corn prices are down from their highs this year of $8 per bushel ($320 per ton), they are still hanging out at relatively high levels of around $6 per bushel ($240 per ton) in Chicago. The causes are familiar, principally the war in Ukraine and weather problems in b... Read more

  • 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

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