Marketing
Is The Corn Market Too Complacent About Planting Delays
May 19, 2009 2:08 PM | Source: University of Illinois Extension
While it's too early to forecast the size of the 2009 U.S. corn crop, the market appears to be ignoring the potential yield reduction due to delayed planting in the eastern Corn Belt... More
Cool Temperatures Persist
May 18, 2009 4:30 PM | By Kent Thiesse
Cooler-than-normal temperatures have persisted throughout most of the first half of May. This has slowed the early crop development, and has delayed the emergence of soybeans planted in the past couple of weeks... More
Richard Brock: Market News
Corn, Soy Stocks Larger Than Expected
Jun 30, 2009 11:33 AM
Tuesday’s quarterly USDA Grain Stocks Report held bearish news for the corn and soybean markets... More
Little Planting Progress Last Week
Jun 23, 2009 10:39 AM
Because of persistent and often generous rains in the southern Corn Belt and Midsouth, only another 4% of the soybean crop got planted last week. USDA reported Monday afternoon that 91% of the crop had been planted as of this past weekend... More
Market Tips
Cash Flow Crunch
Aug 1, 2008 12:00 PM | BY JOHN POCOCK
The need to borrow money is the reality of doing business in today's new era of farming, says Chris Hurt, Purdue University Extension economist. The risks... More
Seven Reasons Businesses Fail
Jul 3, 2007 10:30 AM
Steve Abercrombie is a lecturer at the Louisiana State University Graduate School of Banking who teaches a course on Advisory Banking. The following are Steve’s thoughts on why businesses fail based upon the many thousands of businesses he and his firm work with annually... More
Moe Russell
Why Use Independent Contractors?
Apr 1, 2009 12:00 PM | By Moe Russell
In monitoring the top guns in production agriculture, it's been my observation they are so good they can get all the money they need, all the land they... More
Long-Term Relationships Maximize Bottom Lines
Mar 1, 2009 12:00 PM | By Moe Russell
While wholesale prices for many fertilizers have decreased sharply since the highs established last summer, local retail prices have not necessarily followed.... More
Trade
Lower Prices May Spur Fresh Soy Demand
Jun 16, 2009 10:27 AM | Source: Brock Associates
Soybean traders will be watching to see whether recent futures declines are enough to spur renewed interest in U.S. soybeans from Chinese buyers, who have delayed or cancelled some previous purchases over the past couple of weeks... More
CME Expands Electronic Grain Futures Hours
Jun 9, 2009 9:31 AM | Source: Brock Associates
CME Group announced on Friday that electronic trading hours for CBOT grains, oilseeds and ethanol futures contracts will be expanded in the morning by one hour and 15 minutes, until 7:15 a.m., beginning July 1... More
Ed Usset
Looking Ahead To 2010 And Pricing Corn
Jun 22, 2009 2:37 PM | By Ed Usset
If I have a handle on rent and fertilizer prices, I have a pretty good handle on my 2010 production costs. I used the FINBIN data base (the most important and underutilized tool available to farmers) to estimate production costs for corn in southern Minnesota. Assuming four-year average yields of 175 bu./acre, I estimate that I can produce a bushel of corn for $3.60-3.70. This figure assumes a direct government payment of about $20/acre, and includes a labor... More
Don’t Forget Last Year’s Crop
Apr 1, 2009 12:00 PM | By Ed Usset
Spring is sprung. So why am I thinking about last year's crop that crop you augured into your bin last fall when corn was worth about $3.50 and soybeans... More
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