Nov 30, 2010
blog

Russia to Seek Argentine Corn 1

Russia is looking to buy up to 3 million metric tons (mmt) of corn from Argentina in 2011 to cover a domestic supply short fall caused by the drought that severely reduced 2009-2010 grain production, Argentina's International Trade Secretary told state news agency Telam on Friday....More
Nov 30, 2010
blog

Use Caution with Cash Rental Rates for 2011

Cash corn and soybean prices rose sharply earlier this fall, which is spurring some very rapid and dramatic increases in annual cash rental rates. Cash corn prices in southern Minnesota rose above $5.20/bu., and cash soybean prices were near $12.50 in early November. However, local corn prices have dropped back below $5 in late November, and cash soybean prices are back below $12....More
Nov 30, 2010
blog

Capital Replacing Labor

  Anyone listening to the Nightly News knows that key issues center on job growth and economic recovery. The U.S. economy’s growth since the third quarter of 2009 can be primarily attributed to business investment and stimulus. For example, GDP dropped by 6.8% in the fourth quarter of 2008 and was negative by 4.1% from mid-2008 to mid-2009. The rebound in 2009 resulted in GDP peaking at 5% and average growth below 3%....More
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