More in Corn

  • Oct 2, 2015
    blog

    This corn market requires mental toughness

    As producers we've learned through the years that slowly grinding lower prices are often the most psychologically challenging and painful to sit through. Make certain you are mentally preparing yourself or taking the appropriate actions to avoid the struggles. I continue to believe best practice is to keep all hedges in place....More
  • Sep 29, 2015
    blog

    Lower crop prices should impact land rental rates

    Average rental rates for 2015 did drop a bit in some areas, but in general have remained quite high across the region. Farm operators and landlords are now beginning the process of negotiating land rental contracts for the 2016 crop year, and are trying to arrive at equitable rental rates, based on the lower crop prices that we are now experiencing....More
  • Sep 22, 2015
    blog

    Would you burn working capital to keep farming?

    First, one must consider the producer’s goals; business, family and personal. Next, look at the current business position. If the business is near the stage of exit perhaps the financial losses and negative margins are not a good use of the excess working capital....More
  • Sep 22, 2015
    blog

    Upper Midwest corn, beans ready for harvest

    The warm late growing season this year has pushed the 2015 corn and soybean crop very rapidly toward maturity. Soybean harvest has begun on some earlier maturing varieties in many areas. Some early corn hybrids have also reached physiological maturity and will likely be ready to harvest very soon....More
  • Sep 15, 2015
    blog

    Sequestration likely to affect farm program payments

    Many farm operators in the Upper Midwest are anticipating significant county-based Ag Risk Coverage (ARC-CO) farm program payments on corn for the 2014 crop year. Some producers are also likely to receive a fairly substantial ARC-CO payment for soybeans for the 2014 marketing year. It was recently revealed that the likely 2014 ARC-CO farm program payments, and any other farm program payments, are likely be subject to Federal government sequestration provisions....More
  • Sep 14, 2015
    blog

    Worst farm management practices

    This is my list of the worst top 10 management practices. There are most certainly other aspects and components that are very important for businesses, but this list demonstrates that discipline is required for success. Even the mundane, seemingly boring tasks and details can be extremely important....More
  • Sep 11, 2015
    blog

    USDA info provides tailwinds for corn prices

    Corn has rallied a bit this week ahead of what some inside the trade are thinking could be bullish adjustments by the USDA. Technically I still see heavy resistance up in the $3.85 to $4.05 range and believe it will be tough for corn prices to stay above this area until more harvest details become available...More
  • Sep 8, 2015
    blog

    How big will corn yields be?

    Most crop experts are now agreeing that Minnesota may be the “sweet spot” for 2015 crop yields, especially for corn yields. In the last USDA Crop Report on August 12, the Minnesota corn yield was projected at a record level of 184 bushels per acre....More
  • corn field, cloudy sky
    Aug 31, 2015
    blog

    2014 ARC-CO payments likely

    It appears highly likely that many crop producers in Minnesota and northern Iowa who are enrolled in the county yield-based Ag Risk Coverage (ARC-CO) farm program choice on their corn base acres will earn a significant farm program payment for the 2014 crop year....More

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