May 26, 2015
blog

Crop conditions fairly good; conservation compliance deadline looming

After an almost perfect planting season through late April and early May in most of the Upper Midwest, a few more crop challenges have occurred in the past couple of weeks. The biggest overall concern in the past couple of weeks has been the extended period of cool, cloudy weather, which has slowed plant growth, and caused some plant discoloration. The extended forecast appears to be more favorable from a temperature standpoint....More
May 26, 2015
blog

Will on-farm storage be the Achilles heel for corn?

Corn traders this afternoon will be digesting the latest weekly USDA crop-condition estimates. Most inside the trade believe at least 90% of the corn crop is now planted with a very large percentage actually emerged, both running ahead of schedule. Perhaps even more impressive is the fact 77% or more of the U.S. corn crop could be considered in good-to-excellent condition....More
May 26, 2015
blog

Are ag outlooks from 2010 on track in 2015?

If you look back five years, what would you have said then compared to where we are today? Let’s dial the time machine back to 2010 and examine some of the hits and misses in economic projections....More
May 22, 2015
blog

Will the corn upside opportunity come later in the game?

Corn exports remain stronger than many inside the trade had anticipated despite the strength in the U.S. dollar. Just keep in mind we will still more than likely export about 5% less corn than we did last year....More
May 19, 2015
blog

10 perspectives on ag business from a college student

I gave a recent conference attendee an assignment to complete during his nearly two hour drive home that evening. His assignment was to come up with 10 perspectives from my speech and give them to mom to turn in when she returned the next morning. And he did. From moderation in family living cost to knowing your bottom line, that young college student picked up my tips for success....More
May 19, 2015
blog

May 12 WASDE shows large grain stocks

The USDA World Agricultural Supply and Demand Estimates (WASDE) Report released on May 12 was regarded as mainly neutral for the corn market and bearish for the soybean market in the coming months. The May report showed slightly higher corn ending stocks for 2014-15, and slightly lower soybean ending stocks, as compared to the April Report. Corn stocks are expected to decline slightly by the end of the 2015-16 marketing year, while the ending stocks for soybeans are expected to increase by 43% during that time. The 2015-16 marketing year runs from September 1, 2015 to August 31, 2016....More

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