Focus on Ag http://cornandsoybeandigest.com/blog/70021/feed Timely information on crop and livestock production, farm management and marketing, ag policy, renewable energy and other ag topics. en USDA report recap, January 2015 http://cornandsoybeandigest.com/blog/usda-report-recap-january-2015 <div class="node-body blog-body"><p>As expected, the USDA Crop Production Report released on Jan. 12 indicates that both the total U.S. corn production and soybean production for 2014 were at record levels. The final 2014 national average yields per acre for both corn and soybeans were also at record levels. Following are some highlights of the recent USDA Crop Production Report, as well as the latest USDA Supply and Demand (WADSE) Report.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/usda-report-recap-january-2015" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/usda-report-recap-january-2015#comments Corn Marketing Soybeans USDA Focus on Ag Tue, 20 Jan 2015 20:59:00 +0000 95501 at http://cornandsoybeandigest.com Management strategies for 2015 http://cornandsoybeandigest.com/blog/management-strategies-2015 <div class="node-body blog-body"><p>In 2015, crop revenues are likely to be significantly reduced compared to revenue levels in recent years. 2015 crop input costs for seed, fertilizer, and chemicals are likely to be similar to 2014 levels, and land rental rates will likely remain fairly high, which adds more risk to 2015 crop production. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/management-strategies-2015" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/management-strategies-2015#comments Corn Marketing Soybeans Management Focus on Ag Tue, 13 Jan 2015 18:35:00 +0000 95391 at http://cornandsoybeandigest.com Market year average prices affect farm program decisions http://cornandsoybeandigest.com/blog/market-year-average-prices-affect-farm-program-decisions <div class="node-body blog-body"><p>One of the key components for farm operators to understand as they evaluate the new farm program options is the concept of Market Year Average (MYA) price. The MYA price for a given crop year is used to calculate any potential payments for all three farm program options: Price Loss Coverage (PLC), Ag Risk Coverage-County (ARC-CO), and Ag Risk Coverage-Individual (ARC-IC). The historical MYA prices are also used to determine the benchmark revenues for both the ARC-CO and ARC-IC program options. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/market-year-average-prices-affect-farm-program-decisions" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/market-year-average-prices-affect-farm-program-decisions#comments Corn Issues Soybeans Farm Bill Focus on Ag Tue, 06 Jan 2015 21:02:00 +0000 95261 at http://cornandsoybeandigest.com Agriculture in 2015: Farm program sign-up, renewable fuels, crop production and land values http://cornandsoybeandigest.com/blog/agriculture-2015-farm-program-sign-renewable-fuels-crop-production-and-land-values <div class="node-body blog-body"><p>2015 is setting up to be another interesting year in the agriculture industry, following a fairly profitable year in 2014 for many livestock producers, but a far less profitable year for most crop producers in the upper Midwest. 2015 will bring farm program sign up, as well as continued uncertainty about renewable fuels. There are also crop production costs to consider, and the hope that land values continue to moderate. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/agriculture-2015-farm-program-sign-renewable-fuels-crop-production-and-land-values" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/agriculture-2015-farm-program-sign-renewable-fuels-crop-production-and-land-values#comments Corn Soybeans Biomass Farm Bill Focus on Ag Tue, 30 Dec 2014 20:17:00 +0000 95191 at http://cornandsoybeandigest.com 2014 Agriculture review, part 2: Input costs, grain prices and farm economy http://cornandsoybeandigest.com/blog/2014-agriculture-review-part-2-input-costs-grain-prices-and-farm-economy <div class="node-body blog-body"><p>This is the second of a two-part article highlighting what happened agriculturally in 2014. Last week’s article provided a review of 2014 crop production and weather conditions. This week we will focus on some highlights regarding input costs, grain prices and the overall farm economy for 2014.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/2014-agriculture-review-part-2-input-costs-grain-prices-and-farm-economy" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/2014-agriculture-review-part-2-input-costs-grain-prices-and-farm-economy#comments Corn Soybeans Agrochemicals Prices Focus on Ag Mon, 22 Dec 2014 13:49:00 +0000 95081 at http://cornandsoybeandigest.com 2014 Agriculture review, part 1: Planting and growing conditions http://cornandsoybeandigest.com/blog/2014-agriculture-review-part-1-planting-and-growing-conditions <div class="node-body blog-body"><p>2014 will be remembered as the second crop year in a row with weather extremes and highly variable crop conditions in many areas of Minnesota and Iowa. A mid-September frost across a wide area of south-central Minnesota and north-central Iowa resulted in an early end to a growing season, which already featured later than normal maturing crops. The end result was some very disappointing corn and soybean yields in many areas of Minnesota and northern Iowa. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/2014-agriculture-review-part-1-planting-and-growing-conditions" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/2014-agriculture-review-part-1-planting-and-growing-conditions#comments Corn Soybeans corn production soybean production Focus on Ag Tue, 16 Dec 2014 22:29:00 +0000 94991 at http://cornandsoybeandigest.com Fine tune 2015 profit margins for your farm: Land rental rates, production expenses http://cornandsoybeandigest.com/blog/fine-tune-2015-profit-margins-your-farm-land-rental-rates-production-expenses <div class="node-body blog-body"><p>The combination of lower projected corn prices and soybean prices in 2015, together with nearly steady input costs for seed, fertilizer, and chemicals, will limit estimated potential returns over direct expenses and land costs, at average crop yields. Another major variable in breakeven levels in crop production are loan payments on capital investments such as farm machinery, facilities and land purchases.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/fine-tune-2015-profit-margins-your-farm-land-rental-rates-production-expenses" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/fine-tune-2015-profit-margins-your-farm-land-rental-rates-production-expenses#comments Corn Issues Soybeans Management Focus on Ag Tue, 09 Dec 2014 17:18:00 +0000 94881 at http://cornandsoybeandigest.com Finalizing custom rates for 2014 http://cornandsoybeandigest.com/blog/finalizing-custom-rates-2014 <div class="node-body blog-body"><p>An analysis of some of the more common custom rates in the 2014 Iowa Custom Rate Survey showed that the listed “average” custom rates for some farming practices may be a bit low, given the higher ownership costs of larger farm machinery, higher fuel expenses that have existed in 2014, and the difficult field conditions that existed in some areas. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/finalizing-custom-rates-2014" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/finalizing-custom-rates-2014#comments Corn Soybeans Crops Focus on Ag Tue, 02 Dec 2014 22:44:00 +0000 94751 at http://cornandsoybeandigest.com Farm program signup begins http://cornandsoybeandigest.com/blog/farm-program-signup-begins <div class="node-body blog-body"><p>Sign-up for the new farm program, which part of the new farm bill, is now underway at local USDA Farm Service Agency (FSA) offices. The new farm program will be in place for the 2014 to 2018 crop years for all eligible crops under the Commodity Title of the 2014 Farm Bill, including corn, soybeans, wheat and other crops. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/farm-program-signup-begins" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/farm-program-signup-begins#comments Corn Issues Soybeans Farm Bill Focus on Ag Tue, 25 Nov 2014 19:10:00 +0000 94661 at http://cornandsoybeandigest.com USDA lowers expected 2014 corn production http://cornandsoybeandigest.com/blog/usda-lowers-expected-2014-corn-production <div class="node-body blog-body"><p>In most instances, record USDA crops get even bigger as the crop is being harvested; however the Nov. 10 USDA Crop Report lowered the expected 2014 expected U.S. corn production by 68 million from the October estimate. The Nov. 1 USDA estimate lowered corn yield estimates by 5 bushels per acre in Minnesota and by 2 bushels per acre in Iowa, as compared to the October estimate. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/focus-ag">Focus on Ag</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/usda-lowers-expected-2014-corn-production" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/usda-lowers-expected-2014-corn-production#comments Corn Marketing Prices Focus on Ag Tue, 18 Nov 2014 16:53:00 +0000 94511 at http://cornandsoybeandigest.com