Oct 16, 2012
blog

The Relationship Between the U.S. National and Agricultural Economies

The other day a lender in a Farm Credit University class asked me an interesting question. Based upon his perspective, it seems when the national economy is thriving, the ag economy is struggling with low commodity prices. Now that the national economy is struggling, it seems that the ag economy, especially grain, is thriving. Is there any correlation?...More
Oct 16, 2012
blog

USDA Crop Report Increase Minnesota Yield

The Oct. 11 USDA crop report showed significant increases for both corn and soybean yields in Minnesota, as compared to September crop report. This corresponds closely to actual corn and soybean yields being reported from many areas of the state, which have been better than expected, given the extremely dry weather conditions that existed in several areas. Crop yields in the southwest and south-central parts of the state have been highly variable due to the drought conditions that existed during the last half of the 2012 growing season....More
Oct 16, 2012
blog

Slow Export Sales, U.S. Imports Pressure Corn

The corn market’s short-lived bullish reaction to last Thursday’s tighter U.S. and world supply estimates from USDA signals that demand concerns will continue to dog market this fall and winter, capping prices....More

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