Soybeans

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  • Jun 2, 2015
    blog

    Custom farming agreement rates, benefits, considerations

    An alternative to leasing farmland is a Custom Farming Agreement. In a typical custom farming agreement, the custom operator agrees to perform all the machine operations on the owner’s land in exchange for a set fee or rate. The landowner pays for all seed, fertilizer, chemicals, crop insurance and other input costs; receives the all grain produced and all eligible farm program payments on the land; and is responsible to store and market the grain....More
  • May 26, 2015
    blog

    Crop conditions fairly good; conservation compliance deadline looming

    After an almost perfect planting season through late April and early May in most of the Upper Midwest, a few more crop challenges have occurred in the past couple of weeks. The biggest overall concern in the past couple of weeks has been the extended period of cool, cloudy weather, which has slowed plant growth, and caused some plant discoloration. The extended forecast appears to be more favorable from a temperature standpoint....More
  • May 19, 2015
    blog

    May 12 WASDE shows large grain stocks

    The USDA World Agricultural Supply and Demand Estimates (WASDE) Report released on May 12 was regarded as mainly neutral for the corn market and bearish for the soybean market in the coming months. The May report showed slightly higher corn ending stocks for 2014-15, and slightly lower soybean ending stocks, as compared to the April Report. Corn stocks are expected to decline slightly by the end of the 2015-16 marketing year, while the ending stocks for soybeans are expected to increase by 43% during that time. The 2015-16 marketing year runs from September 1, 2015 to August 31, 2016....More

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