Ever since Covid began, grain and hog prices have been a whirlwind of fluctuations that have had some serious impacts on swine production. With the current market having seen such large fluctuations in price, it is important that we understand where we are at and where we will be in the next quarter. In this episode, I talk with Joe Kerns about those exact topics: where we are economically, where we may be in late 2022 and early 2023, and what we should do to best increase our net revenue as an industry.
"Don't be afraid to let your feed conversions escalate a little bit because that will make you more money which is a major part of sustainability within our industry." - Joe Kerns
๐ช๐ต๐ฎ๐ ๐๐ผ๐ ๐๐ถ๐น๐น ๐น๐ฒ๐ฎ๐ฟ๐ป:
1. Grain prices and where weโre headed
2. Economic use of soybeans
3. Pig reports today
4. Predicting late 2022 pig prices
5. Risk management
6. The future of pork cutouts
7. Price discovery in the industry
8. Key metrics of success
๐ ๐ฒ๐ฒ๐ ๐๐ต๐ฒ ๐ด๐๐ฒ๐๐: Joseph Kerns, President of Partners for Production Agriculture, has thirty yearsโ experience working with producers, suppliers, and mills to support agricultural operations. He and his team assist clients with procurement and risk management activities related to hedging, ingredient purchase, optimizing relationships with mills, developing programs to assist in feed quality control, cost effective diet formulation, operational benchmarking, livestock marketing, generational transition, and business development. Prior to this consulting venture, he directed risk management activities for industry leaders such as ADM, Premium Standard Farms, Continental Grain, and Iowa Select Farms.
๐๐ถ๐๐๐ฒ๐ป ๐ผ๐ป ๐๐ฝ๐ฝ๐น๐ฒ ๐ฃ๐ผ๐ฑ๐ฐ๐ฎ๐๐๐, ๐ฆ๐ฝ๐ผ๐๐ถ๐ณ๐ ๐ผ๐ฟ ๐ฎ๐ป๐ ๐บ๐ฎ๐ท๐ผ๐ฟ ๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ.
The Swine it Podcast Show is trusted and supported by innovative companies like:
- Zinpro (https://zinpro.com/)
- Gestal (http://jygatech.com/)
- AB Vista (https://www.abvista.com/)
- Adisseo (http://www.adisseo.com/)
- Genesus (https://www.genesus.com/)
- Evonik (https://animal-nutrition.evonik.com/en/species/swine/)
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