Nov 6, 2012

The NFL Replacement Officials and Business

I was in Omaha, Neb., when the notorious football game between Green Bay and Seattle boosted television ratings and had Facebook and Twitter going bananas recently. I give my condolences to all the Packers fans who were harmed by the replacement officials’ ruling. A student enrolled in our online ag lending class wanted to know my take on the NFL replacement officials and how this situation relates to business....More
Nov 6, 2012

Crop Insurance Prices Finalized

Now that the 2012 corn and soybean harvest season is completed, many farm operators are focusing their efforts on 2012 crop insurance claims. It is anticipated that 2012 crop insurance claims will likely set an all-time record, both for total claim numbers and total indemnity payments made to producers....More
Nov 6, 2012

USDA Could Raise Soybean Output and Usage

The soybean market is anticipating that USDA will further raise its projection of the 2012 U.S. crop due to better-than-expected yields when it releases its November Crop Production Report on Friday. Friday and Monday declines in soybean futures were largely in response to a pair of bearish private production estimates that were up 65 million and 99 million bushels respectively from USDA’s October forecast of 2.860 billion bushels....More
Nov. 2, 2012

What was your average corn yield this year? (Leave an estimated number in the comments.) 3

After a tumultous growing season and the worst drought since the Dust Bowl, we're curious about your average corn yield, as a percentage of normal. This summer we asked for estimates, but now we want to know how it ended up. Did your corn yield 100% of what your normal is? Only 25%? We'd love to know numbers, too, so leave a comment with your overall bushel-per-acre corn average for 2012, as well as your county and state....More

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