More in Corn

  • Jul 25, 2014
    blog

    Ideas you can use to reduce risk 5

    As a farmer, how do you reduce risk? Ideas to accomplish that include: planting offensive and defensive hybrids and planning for multiple alternate future scenarios. Take some time to think about how you might react to reduced rail transportation, expanded GMO bans, an increase in the grain supply outside of the U.S....More
  • Jul 22, 2014
    blog

    Can soybean demand keep grain prices afloat? 2

    I suspect with Chinese demand staying strong, some definite uncertainties remaining in Argentina and the entire month of August still ahead of our U.S. crop, the trade may take a bit slower approach to reducing price-risk. Producers should continue to keep hedges in place. Any rally back towards the $11.00 to $11.30 range must be viewed as an opportunity to reduce longer-term risk....More
  • Jul 22, 2014
    blog

    Back to the Future, Part 2: Ag lending and financial management 2

    An interesting trend in both the 1980s and today is that late in the economic cycle, many lending institutions saw opportunity in the agriculture industry, and thus came into the field of agriculture for profits....More
  • Jul 21, 2014
    video
    Corn+Soybean Digest

    Cost management strategies 1

    Michael Langemeier, associate director, Center for Commercial Agriculture, Purdue University, talks about managing farm costs. He says growers need to seriously question new machinery purchases and that cash rents should be negotiated. Those two items can help control costs when commodity prices fall below breakeven levels....More
  • Jul 18, 2014
    blog

    Here’s a cash rent approach you can live with 2

    Sam Halcomb calculates a field’s revenue-generating potential, then offers a landlord 25-33% of that for cash rent. He’s found over the years that 25-33% accurately reflects a point where he can profit from current market conditions, while capturing present market values to satisfy the landlord....More
  • Jul 18, 2014
    video

    Marketing strategy for low-priced corn 1

    Matt Roberts, associate professor at Ohio State University, talks about marketing strategies for lower-priced corn. He says corn producers are going to have to be very tactical, as he doesn’t see the high corn prices coming back any time soon. Growers should focus on HTAs and maximize on-farm storage, he says....More
  • Jul 15, 2014
    video
    Corn+Soybean Digest

    The farmer as a CEO 1

    David Kohl spoke with CSD Editor Kurt Lawton about the farmer as a CEO, noting that profitable businesses have good people. From allocating profits to working capital and cost of production, as well as lender relationships, Kohl says that being proactive and having the right people around you is going to be critical for success....More
  • Jul 15, 2014
    blog

    Views from the corn field 2

    In visiting with producers between sessions at a recent conference, the big question was, “What if a large crop occurs next year in both hemispheres?” If that does occur, many producers who have high fixed cost structures will either continue to burn through working capital and cash, or they may be required to refinance operating losses, if their lenders approve....More
  • Jul 15, 2014
    blog

    Corn, soybean prices drop after July WASDE report 2

    The USDA World Agricultural Supply and Demand Estimates (WASDE) Report released July 11 provided more negative numbers for future corn and soybean prices. The report showed significant increases in the projected ending stocks for both corn and soybeans by Sept. 1, 2015. The report also verified the expectations for very good to excellent 2014 national corn and soybean yields in the U.S. Corn and soybean market prices have dropped dramatically in the past few weeks, which will likely have a significant financial impact on farm operators in the Upper Midwest....More
  • Jul 11, 2014
    video
    Corn+Soybean Digest

    Grain farmers: Know your cost of production 2

    David Kohl, professor emeritus, Virginia Tech University, spoke that the Wyffels Hybrids Corn Strategies Conference at Wild Rose Farm, Inc., near Galesburg, Ill. Kohl stressed the importance of grain and livestock farmers knowing their cost of production in order to be successful....More
  • Jul 11, 2014
    Video
    Corn+Soybean Digest

    Corn market uncertainty 1

    Matt Roberts, associate professor at Ohio State University, spoke at the Wyffels Hybrids Corn Strategies conference in mid-July at the Wild Rose Farm near Galesburg, Ill. Here he talks about the uncertainty of the corn market and prices, adding that there is more uncertainty due to the possibility of corn being added back to livestock rations because of lower corn prices....More
  • Jul 7, 2014
    blog

    USDA report shows increase in soybean acres 2

    The late-June USDA Acreage Report is always highly anticipated, because it becomes the first hard data after the March USDA Plantings Intentions Report to give an indication of crop production levels in a given growing season, as of June 1. Many times the June USDA Report can have a big impact, either upwards or downwards, on grain market trends....More

Continuing Education Courses
New Course

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

Keeping crop protection chemicals on the crop for which they are intended has been a...

Sponsored Introduction Continue on to (or wait seconds) ×