More in Business

  • Sep 12, 2014
    video

    OADA can help simplify big data 1

    Ault spoke with Managing Editor Susan Winsor about the current disconnect with data in agriculture, as well as how OADA can help farmers manage data and make it work for them, and help with the tasks farmers need help with....More
  • Sep 8, 2014
    blog

    Profit margin compression, part 3 – Price reality 1

    Inflation, while benign in the general economy, has been running full steam ahead in input and operating costs in the agriculture industry ranging anywhere from 5% to 10% annually. Combine this with increases in real estate taxes and the fixed cost component of equipment and machinery, and one can quickly observe how profit margins have quickly disappeared with lower commodity prices....More
  • Aug 29, 2014
    video
    Corn+Soybean Digest

    Predicting on-farm costs 1

    Brian Watkins farms near Toledo, Ohio. For a long time, he’s been working on a computer model to predict costs on his 7,000-acre corn and soybean farm. He came up with Cropzilla. Using a $3.50 corn price, the numbers have absolutely influenced the decisions he’s made on his Ohio farm, he says....More
  • Aug 21, 2014
    video
    Corn+Soybean Digest

    Using UAVs on the farm 1

    Jim Love, farm business advisor, Beck’s Hybrids, talks about using UAVs on the farm. “Once you’ve purchased the plane or the helicopter the money is spent, so now the trick is, how many times can I use it. Even if it’s a small problem, if I can sort it out, it’s going to be better for the grower,” he says....More
  • Aug 19, 2014
    blog

    Global and domestic economic risk

    Currently, as of mid-August, geopolitical risk is the largest risk with a “code red.” The unrest in Ukraine and tension in the Middle East move markets daily. Unfortunately, agriculture is often the industry first affected by political and military unrest....More
  • Aug 12, 2014
    blog

    Potential for ACRE payments for 2013 corn 1

    It appears that corn producers in Minnesota and Iowa who remained in the ACRE program for the 2013 crop year will have a good chance of receiving an ACRE payment in October of this year. Any potential 2013 ACRE payments to qualifying farm operators will be sent out by local Farm Service Agency (FSA) offices after Oct. 1, 2014....More
  • Aug 12, 2014
    blog

    Ag lenders talk about agriculture land values

    Nearly 30% of participants in a recent class indicated values had increased by more than 10%, while the largest percentage, 64%, responded there had been between a 0% and 9% increase. The remaining 8% indicated land values were slightly declining in their region....More
  • Aug 5, 2014
    blog

    Can soybeans transition to a bullish story? 1

    The soybean "technicians" are looking back at prices noticing that they are at the same levels as they were on July11th.  Many are also noting that a "key bullish reversal" could be building.  As I have mentioned over the past several reports, we are definitely in the midst of a major weather market, but we are also transitioning from a bullish old crop story to a potentially extremely bearish new crop story....More
  • Aug 4, 2014
    blog

    Strategies for handling tighter margins in agriculture 1

    A young agricultural lender recently asked, “With tighter margins anticipated in the future, where should producers focus their energy to maintain viability of their operations?” While there is no one strategy to fit all, the following is some advice that can be applied regardless of the business cycle or business enterprise....More
  • Aug 1, 2014
    blog

    Weather helping soybean yield 2

    Several well respected sources think that we could see the current USDA bean yield estimate of 45.2bpa, be pushed higher by up 3-4%, meaning a 46.5bpa to 47bpa, may not be out of the question. A jump in yields that substantial could push ending stocks north of 500 million bushels and prices below $10.00....More
  • Jul 30, 2014
    video

    Farmland market outlook 1

    Todd Keuthe, University of Illinois, talks about the market for farmland. "Most farmland owners see it as a long-term investment," Keuthe says. "People are willing to pay 34 times what they expect to earn."...More
  • Jul 29, 2014
    blog

    Will weather and money flow support corn prices? 4

    There is a huge amount of dry powder on the side line to push prices higher if the weather can provide some questions on the way to the finish line. Even with the cooler temps and limited moisture going into the final stages of corn production, yields could see some of the top knocked off and support prices....More
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