More in Business

  • Apr. 9, 2013
    blog

    BRICS Nations Losing Economic Steam

    Ouch! Corn prices dropped 70¢/bu. within a two-day period following the release of USDA’s March crop report. Welcome to the wild world of global economics! Are commodity prices being affected by weather and adjustments being made in planting, or are there other concerns on the economic horizon?...More
  • Apr. 8, 2013
    blog

    How Did the USDA Find Nearly 400 Million Bushels of Corn?

    This seems to be the question of the year so far in the corn market........More
  • Apr. 3, 2013
    blog

    Will Soybean Demand Pick Back Up in the Near Future?

    The bears are also talking about the fact China is importing fewer soybeans....More
  • Apr. 2, 2013
    blog

    The "Butterfly Effect" is in Full Play!

    Keep your eye on the military conflicts in North and South Korea; they may be the "Butterfly."...More
  • Apr. 1, 2013
    blog

    As with all markets, "Fundamentals" will eventually win out.

    Leave predicting the market to those who prefer to gamble!...More
  • Mar. 26, 2013
    blog

    The Tsunami of Deferred Taxes

    A tax tidal wave of epic proportions is emerging on many farms that have had an offensive game strategy in recent years, pushing taxes forward. Strong profits, particularly in the grain industry, and aggressive farm tax strategy using accelerated depreciation are the major culprits. Prepaying expenses and deferring income into future years is also creating a large deferred tax liability on farm balance sheets....More
  • Mar. 26, 2013
    blog

    2013 Custom Farming Rates Up Slightly from 2012

    As would be expected with increasing fuel costs, average 2013 custom rates for farm work have a1so increased, compared to 2012 custom rates. Most custom rates for farm work in 2013 are 3-5% above the rates for similar operations in 2012, with an average increase of about 4%....More
  • Mar. 26, 2013
    blog

    How Could South American Crop Affect U.S. Crop Prices?

    The concern I have is NOT with current demand, but demand moving forward with the long South American tail looming....More
  • Mar. 25, 2013
    blog

    Should You Sell Corn Before the USDA Report Thursday?

    Remember the markets are always the strongest when the most fear is in the air......More
  • Mar. 19, 2013
    blog

    Enthusiastic About the Future of Agriculture: Top Ten List: No. 3

    In my speeches and seminars, eyebrows will raise and glances between people will occur with nodding and a look of fulfillment when I make the following comment: “The best crop you raise will be your children, grandchildren or youngsters you take under your wing as a mentor.”...More
  • Mar. 19, 2013
    blog

    Competitive Advantage from Marketing, Selling Ahead

    Buying crop revenue protection (RP) this year is a no-brainer on the heels of last year’s drought. But RP policies pay best when yields are reduced substantially and not so much when yields are about normal. That’s why marketing ahead is so crucial. Consider this simplified example....More
  • Mar. 19, 2013
    blog

    National Agriculture Week 2013

    National Ag Week is being celebrated March 17-23 all across the United States, with Tuesday, March 19, being designated as National Ag Day. As we celebrate National Ag Week, it is a good time to reflect on all the traditions and advancements that help make the U.S. agriculture industry second to none! Following are some interesting statistics about today’s agriculture industry....More
  • Mar. 13, 2013
    video
    Corn and Soybean Digest

    Modern American Agriculture Statistics: Farmers Producing More Grain, More Efficiently on Less Land

    As the world population grows, American farmers will have to produce more food in the next 50 years than in the past 10,000 years combined. All of the growth in production will have to be done with less land, energy and water consumption while conserving and sustaining natural resources....More
  • Mar. 13, 2013
    blog

    Are You Selling Old-Crop Corn?

    I hate to sound like a broken record, but even after the recent USDA data the lyrics remain the same..."Tight old-crop balance sheets for both corn and soybeans make time-spreads a much more attractive play than flat-price." Improving rainfall and snow coverage is easing concerns regarding the US drought and therefore keeping a lid on US new-crop prices. As each week passes the ability for old-crop tightness to help keep new-crop prices supported may get...More
  • Mar. 12, 2013
    blog

    USDA Understating Soybean Exports?

    Friday’s USDA supply/demand report received a negative initial reception from the soybean market as it lowered South American production less than expected and left the U.S. soybean carryout unchanged, however, supply concerns have quickly reemerged with some questioning why USDA did not raise projected U.S. exports for 2012-2013 despite continued strong demand....More
  • Mar. 12, 2013
    blog

    Benchmarking to the Elite: Part 2

    My last article focused on some of the financial characteristics of producers who attended the Executive Program for Agricultural Producers (TEPAP) this year. Now I’ll discuss some of their management practices. This supercharged conference, coordinated by Danny Klinefelter, is an outstanding educational venue for agriculturalists that offers education and networking with individuals from over 20 states, four Canadian provinces, South America and Australia....More
Continuing Education Courses
New Course

Accredited for 2 hours/CCA Soil & Water credits. The 2,000 member...

This online CE course details sound mechanical irrigation design and management practices to...
Keeping crop protection chemicals on the crop for which they are intended has been a...