More in Corn

  • Mar 18, 2016
    blog

    Can anything move corn prices?

    As a producer, I remain patient waiting for higher prices before reducing more flat-price cash risk; my basis has been locked for an extended period....More
  • Mar 15, 2016
    blog

    Will family living costs put your farm out of business?

    Farmers need to get serious and truly appreciate how much family living expenses can impact the profitability of a farm business. The numbers tell us that family living cost and taxes are two areas in which to capture significant savings....More
  • Mar 15, 2016
    blog

    Agriculture stats for National Ag Week 1

    National Ag Week is March 13-19 across the United States, and March 15, is National Ag Day. To help celebrate, enjoy some statistics about today’s agriculture industry....More
  • Mar 11, 2016
    blog

    Managing risk in today's grain markets

    I believe far too many producers right now are looking to bail themselves out by outperforming the markets. The best and most consistent marketers and investors always look to control risk first; return is simply a secondary byproduct....More
  • Mar 8, 2016
    blog

    Economic volatility will present opportunities, and failure for those who don't manage it

    Recently, a Kansas producer of the Baby Boomer generation asked me, “Hey Doc! When will economics stabilize?” Well, it is certainly understandable for producers to seek some sense of economic normalcy in these days of economic reset. My response, however, may not deliver the comfort for which this producer was hoping, but it is definitely not all bad news. ...More
  • Mar 8, 2016
    Commentary

    Final crop insurance decisions must be made by March 15

    March 15 is the deadline to purchase crop insurance for the 2016 crop year for corn and soybeans. USDA Risk Management Agency (RMA) recently announced the 2016 established YP, RP and RPE prices: $3.86 per bushel for corn and $8.85 per bushel for soybeans....More
  • Mar 1, 2016
    blog

    Don't get caught offsides in the corn market

    Corn bears continue to talk about the importance of the MAY16 contract holding "psychological support" at or slightly above $3.50 per bushel. Many insiders continue to believe a technical breakdown below this level could trigger a sell-off to around $3.20....More
  • Mar 1, 2016
    blog

    Estimated corn and soybean ARC-CO payments for 2015

    Many producers are now wondering what the 2015 ARC-CO payments will be, which will be paid in October 2016, given that average corn and soybean price levels have remained quite low....More
  • Feb 29, 2016
    blog

    Cost-Cutting 101, part 2: Land rent, capital expenses, labor costs

    With this list of potential reductions, including land rent, capital expenses labor and other costs, hopefully our producer focus groups provided some ideas on which you will expand. An economic reset offers the opportunity to re-evaluate and improve your operation both for short-term and long-term sustainability....More
  • Feb. 19, 2016
    poll

    Will you cut crop insurance to save costs? 7

    Low corn prices. Low soybean prices. Cut costs. Save money. We've been reading these headlines a lot over the past months. And they don't seem to be going away. But what's coming up is the deadline for choosing crop insurance. Given low prices and cost cutting, will you cut crop insurance in order to save some money this year? Take our latest poll and let us know. Feel free to comment your thoughts below!...More
  • Feb 16, 2016
    Commentary

    Visible signs of the economic reset: Liquidity and supply in ag

    As a globally interconnected industry, those in agriculture must continue to watch economic factors like manufacturing, oil, grain supply, land sales, taxes, employment and others. The economic reset is established, but outside factors will always bear some influence....More
  • Feb 16, 2016
    blog

    With low prices, crop insurance is a risk management tool

    Due to the current tight margins in crop production for the 2016 crop year, some farmers are contemplating reducing crop insurance coverage to save on premium costs. While there may be a small savings in the premium costs per acre, that decision could add considerable risk to the farm operation for the coming year....More

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