Extension Agribusiness Blog

2024 Q4 SC Livestock Market Summary

As 2024 comes to a close, feeder prices remain high, with steer prices across all weight classes above $200/cwt. Feeder heifer prices also remain strong with 4-weight heifers maintaining prices above $200/cwt. Both feeder steers and heifers saw price increases in the last 6 weeks of 2024 to end the year on a high note. All feeder price series ended 2024 at a higher price than observed at the start of January 2024.

As steer prices rose over the month of December, the basis also strengthened with a positive basis for 4-weight steers recorded starting in mid-November. Basis for 4-weight steers averaged$4.17/cwt in Q4, an increase of $13.58/cwt from Q4 basis in 2023. Basis for other steer weight classes did not fare as well with an average basis of -$12.94 for 5-weights and -$29.22 for 6-weights, a decline of -$1.04/cwt and -$3.43/cwt from the 2023 Q4 average respectively.

Lighter weight heifer basis was stronger in Q4 in 2024 compared to Q4 in 2023. Average basis for 4 and 5-weight heifers in Q4 of 2024 were -$28.66 and -$38.44. While negative, these average basis values were an increase of $6.71/cwt and $1.85/cwt over the 2023 Q4 averages.Heavy 6-weight heifer average basis over this quarter was -$52.96, a weaker basis compared toQ4 2023 of -$5.19.

Read full report below:

Human Resource Risk Management for Small-Scale Poultry

By: Maxwell, Charlotte Reviewed by: Correa, Nicole and Funkhouser, Bethany

If you are reading this, that means you have processed the information from the legal risk management post for small-scale poultry, and you are ready to either purchase chicks or scale up your production! Human resource risk management involves the people responsible for raising and caring for the birds, managing the products and byproducts from the flock, and selling the products.

Once you have your flock, create a document of the daily, weekly, and monthly tasks involved in their care. If someone comes to take care of your flock for you, they need easy access to these tasks and how they should be done correctly. Make sure you are not the only person who knows where this document is and how it can be accessed. If your backyard poultry has scaled up to a farm and you are considering volunteers or employees, these tasks can become job duties. You may need special annotations or separate sheets for birds at different stages of development i.e chick care versus hen care. Create a dedicated space for storing feed, supplies, medications, and tools used specifically with your flock. Maintain an inventory of the items stored in this space and keep records of your expenses associated with stocking and restocking all of your supplies. If you are just starting out and unsure if you will end up selling eggs or meat, having these records can help show that you are operating as a business.

Poultry are susceptible to several diseases that can be carried in on shoes. Dedicated shoes for working with your flock and shoe coverings for employees, visitors, and volunteers can reduce the risk of exposure. Create standards for personal hygiene, coop and equipment cleaning, and regular flock health checks. Wild birds are the other main culprit for spreading diseases, but it is much harder to control their actions!

Key human resource questions to ask yourself before buying chicks:

  1. How much time in my day can I dedicate to my flock?
  2. Do I have the academic and financial resources to support a flock?
  3. Who will take care of the flock when I am on vacation?
  4. Do I have space for a coop, the flock, and egg storage?
  5. Do I know a vet who will take my flock on as a client?
  6. Is my family supportive of raising poultry?
  7. Will my close neighbors be disgruntled?

Small-Scale Poultry Risk Management: Introduction & Legal Risk Management

Contacts: Maxwell, Charlotte H.; Funkhouser, Bethany N.; Correa, Nicole M.

Chicken GraphicRaising backyard poultry is a popular hobby for citizens in rural and urban areas alike. All too often, “I’m just going to have a few birds for my family” quickly turns into a small flock with eggs being sold off the property to friends, family, and strangers from Marketplace. Whether you choose poultry to connect with your food supply, spend more time outdoors, or combat the fluctuating market, there are risks to manage. The five main areas of agriculture risk management are financial, human resource, marketing, legal, and production. We will discuss legal risk management first in this blog post. The remaining four areas of risk will be covered in additional blog posts; stay tuned!

Legal risk management pertains to the laws, rules, and regulations of the government and other statutory bodies surrounding agriculture. We are starting with legal risk management because whether you are trying to decide to purchase your first chicks or you have decided to scale up and have an agribusiness, the legal considerations can make or break your endeavors. Laws and ordinances surrounding poultry depend on the size of your flock, the end user of products and byproducts, and your locality.

First, check for any covenants, conditions, and restrictions before purchasing poultry if you live in a Home Owners Association (HOA) neighborhood. Individuals living within city limits should also consult city ordinances before purchasing; many allow poultry but may prohibit roosters, limit the number of birds allowed, and specify spacing from property lines. One source to check ordinances in your locality is the Library | Municode Library.  Calling your county administration office will be the best way to receive the most up-to-date information and clarification on the language used.

Second, decide if you are going to have layers (for eggs), broilers (for meat) or both! If you decide on broilers, read through the meat and poultry inspection laws and regulations available on the Clemson Livestock Poultry Health Meat and Poultry Inspection site. If you are selling your eggs at the location where they are collected, you do not need an SC Department of Agriculture Egg License. If you sell your eggs to other businesses or at any location other than where they are collected, you need an egg license and to follow the SC Egg License guidelines.

Knowing the laws and regulations around poultry and selling poultry products will set your current or future business up for success. Below are a few key questions to ask yourself before purchasing chicks or scaling up from backyard poultry to a small-scale poultry farm.

Legal questions to ask yourself:

  1. What is my property zoned?
  2. What are the covenants of my HOA?
  3. Do I want to sell eggs in a venue other than my property?
  4. Do I qualify for any meat poultry exemptions?
  5. Do I need to explore product liability insurance options?
  6. Do I understand and practice food safety to prevent foodborne illness risks?

Agribusiness Team Helps Farmers Focus on The Future of their Farm

Dr. Ada, Kantrovich Presenting
Dr. Adam Kantrovich educates farmers on transition considerations

Dr. Adam Kantrovich, Extension Specialist of Agribusiness, Clemson University, provided Farm Succession, Transition and Estate Planning Considerations education during a “Future of Your Farm” workshop in Greenwood on April 20, 2023.  This workshop was in collaboration with Clemson Extension, Greenwood County Soil & Water Conservation District, and the Upper Savannah Land Trust.

Welcome to the Clemson University Cooperative Extension Agribusiness Blog

The Clemson University Cooperative Extension Agribusiness Team provides information and education on the use of business and economic principles for making decisions involving agriculture, natural resources and communities.

Team members consisting of Extension agents, associates and specialists provide targeted educational programming and technical assistance related to agribusiness and promote the development of economically viable local and regional food systems.Programs and decision-making tools including enterprise budgets, farm financial analysis, market outlooks, farmers market and agritourism development, entrepreneurship, business planning and risk management education are provided for commercial growers, beginning and small farmers, agribusinesses, lenders, and ag professionals for improving profitability and sustainability.

This blog will be home to agribusiness program team updates, news, and impacts.