Jan 15, 2013
blog

NOPA Report Confirms Good Soy Demand

The National Oilseed Processors Association (NOPA) monthly crush report released on Monday morning confirmed domestic soybean demand remained strong during December, supporting USDA’s decision to raise its 2012-2013 U.S. crush forecast by 2.2% in Friday’s monthly supply/demand update....More
Jan 15, 2013
blog

Jan. 11 USDA Report Recap 4

As expected, the USDA Crop Production Report released on Jan. 11 indicates that the total U.S. corn crop in 2012 will decline significantly, and the 2012 soybean production will drop slightly, as compared to production levels in 2011. The final average yields per acre for corn and soybeans in 2012 are also expected be lower than the 2011 yields; however both corn and soybean yields for 2012 were increased from the previous report. Following are some highlights of the latest USDA Crop Production report, as well as the latest supply and demand (WADSE) reports....More
Jan 15, 2013
blog

Optimism for Agriculture

The other day, I was invited to meet with agriculture and university leaders of the University of Nebraska for a brainstorming session focusing on how the Institute of Agriculture and Natural Resources could position itself to serve not only Nebraska agriculture and rural communities, but the nation and globe, as well. This was a very energizing session, seeking input from the field in the small rural town of Bruning, Neb., population slightly under 300....More
Jan 14, 2013
blog

A Tale of Two Worlds: New-Crop and Old-Crop Corn 1

Moderation in life is often the key...Corn bulls are excited about the tighter than expected Dec. 1 stocks number posted by the USDA on Friday. There was also some excitement about the better-than-expected corn feed usage numbers. All of this seems to be creating a tale of two worlds: the old crop looking tighter and tighter and the anticipation of a more burdensome new crop....More

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