Oct 31, 2014
blog

Execute in the soybean market; reduce additional risk on the rally

As a producer I continue to believe "best-of-practice" is to reduce additional risk on the rally. I now have 100% of our 2014 production priced and will be exclusively looking for ways to improve my basis levels or re-own existing sales in the weeks ahead....More
Oct 30, 2014
blog

More farmland in Africa?

Corn and soybean farmers will face more price pressure once 247,100 square miles of productive African land enters production, according to a Wall Street Journal report....More
Oct 28, 2014
blog

Price increases could impact crop insurance payments for 2014

Even with projected record U.S. production of both corn and soybeans in 2014, the market prices of both crops have risen during the month of October. While the recent improvement in grain prices is generally good news to crop producers, it could be costly to farm operators that will likely qualify for 2014 crop insurance indemnity payments....More
Oct 28, 2014
blog

Will corn prices increase as freezing temps approach? 1

Corn pulled higher by soymeal spot demand/logistics as freezing temps are forecast to show up this weekend....More
Oct 28, 2014
blog

Tips for farmer-lender meetings, communication

Recently, a farmer asked a panel I was a member of, “How often should farmers and lenders communicate during the year, particularly during the planning season?” The panel recommended having a meeting during planning season followed by a quarterly or semi-annual assessment, along with a year-end evaluation, which is imperative to determine financial success....More

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