![]() The estimated feeding cost of gain in the February issue of Focus on Feedlots for placements in February was $125 per cwt. in 2020 and $100.40 in 2021, feeding cost of gain for January and February was $113.10 and $113.75, respectively. In February 2022, corn and alfalfa inventory prices were $6.58 per bushel and $207 per ton, respectively. Figure 1 illustrates feeding cost of gain from January 2012 to February 2022. Information on these items are available from monthly issues of the Focus on Feedlotsnewsletter. Feeding Cost of Gainįeeding cost of gain is sensitive to changes in feed conversions, corn prices, and alfalfa prices. To address this uncertainty, this article examines the impact of relatively high corn prices on feeding cost of gain and net returns for cattle finishing. corn acreage in 2022, there is tremendous uncertainty regarding corn prices for the rest of this year. stocks to use ratio is currently only 9.6 percent and continued questions related to U.S. Moreover, using the iFarm Price Distribution tool there was a 25 percent chance on April 26 that the expiration price for the December corn futures contract will be below $6.05 per bushel and a 25 percent chance that price will be above $8.55. Illinois Farmland Leasing & Rental FormsĬorn price futures for the July 2022 contract (December 2022 contract) increased from $6.00 per bushel ($5.55 per bushel) in early January to $7.75 ($7.30) in mid-April.Illinois Crop Budgets & Historic Returns. ![]() Farmland LEasing Facts Sheets & Pricing Information.Illinois Soil Productivity & Yield Utilities.Briomass Crop Budget Tool – Miscanthus & Switchgrass.Appraisal of Current Financial Position.Balance Sheet & Historical Financial Statements.Post Application Coverage Endorsement Tool (Sheet).Precision Conservation Management (PCM).
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