Nov 18, 2014
blog

5 Characteristics of profitable farmers

The grain industry is taking a body blow punch as prices have moderated over the year. If the lower prices continue into 2015 and beyond, there will be a “punch in the mouth” which will disrupt many producers’ strategic planning in the middle and later parts of the decade. A certain set of producers will still be profitable in the economic moderation. Let’s examine some of their characteristics....More
Nov 18, 2014
blog

USDA lowers expected 2014 corn production 1

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....More
Nov 17, 2014
blog

Cover crops release more nutrients than they accumulate

Joel Gruver, Western Illinois University agronomist, planted specific cover crops in a band, then after their demise he pulled soil samples in the cover crop row and compared them to samples taken 15 inches off the row. There were substantial differences in soil-test levels of P and K—“comparable to a nutrient-banding effect from a commercial fertilizer (banding) applicator,” Gruver says....More
Nov 14, 2014
blog

Is South American weather worse than the soybean trade recognizes?

As a producer I still want to remain patient. Don't be surprised or panicked though if we start to see the trade backpedal a bit as Chinese demand and U.S. rail lose a little sizzle....More
Nov. 14, 2014
poll

What's causing climate change? 62

A study by Purdue and Iowa State showed that two-thirds of farmers believe climate change is happening, and 8% of those believe it's due to human activity. On the other hand, 90% of scientists/climatologists belive it's happening. We'd like to know where you stand on the climate change issue. Is it happening due to natural cycles? Is it because of human activity? Or, do you not believe climate change is occurring?...More
Nov 11, 2014
blog

Does the corn market's bullish USDA news have traders thinking twice?

Seasoned traders will tell you: When a corn market fails to rally (as it did on Nov. 10) on a bullish headline, it's a market that may be headed for more downhill price action. I tend to concur....More
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