More producers, lenders and agribusiness people are using key economic indicators in their strategic planning processes. Some of the metrics to determine where the economy has been and predict what is on the horizon, including the leading economic index, purchasing manager index and gross domestic product growth....More
Stu Ellis, author at Farmgate blog, says that farmers could see a 2014 Farm Bill in the next 10 days or so. Without knowing what the bill will fully entail, the Conference Committee will have their work cut out for them to compromise and get a new farm bill on the table for farmers in the U.S....More
Not only did the “polar vortex” affect people, the frigid cold temperatures impacted grain and oilseed logistics. Here are four ways the cold has impacted movement of corn and soybeans across the nation....More
As we look ahead to 2014, crop revenues are likely to be significantly reduced compared to 2013 revenue levels. This means business and farm management will be crucial in the coming year, including finances, machinery purchase, land purchase and more....More
Free publications from Purdue Extension will help explain ag policy issues and how they affect the agricultural economy. Topics will cover direct payments, farm bill, payment limits, renewable fuels and more....More
It is amazing that 2013 had all the hype of strong corn and soybean prices early on, but recently we have seen the air come out of the economic balloon with $4.00 per bushel corn and some suggesting $2.70 per bushel corn....More
Consider a three-way look at your crop — from above and below and at ground level. That means a close-up look at plant roots and soil for clues to plant growth, plus aerial images to detect, confirm and define a problem....More
The great commodity super cycle has kicked in with high prices. However, the top 20% of producers have developed a total system of management which includes operations, risk management, finance and marketing....More
It’s not at all clear how farmers would react if food companies are mandated to label their foods’ biotech status. Nor is it clear how food companies might change their product/marketing efforts beyond label wording....More
“Ukraine is going to be bigger than Argentina in corn, when you look at projections,” says Chad Hart, associate professor of economics at Iowa State University. “Call them a regional powerhouse in the Black Sea region."...More
Check out what we've been thinking different about at Corn + Soybean Digest. From hybrid choices and rootworm battles, to scouting and corn plant quality control and a compaction Q&A, the March and April issues of CSD offered lots of opportunity to think different about the way you farm.
Early in the boom cycle when prosperity was running high with record profits, farmers were making land investments. Later in the cycle, we are observing more equity being used as a down payment for farmland and in some cases lines of credit are being diverted from operating expenses to fund long-term investments....More
In prepping for a session I am (was) speaking at during the annual ASTA CSS Seed Expo on Dec. 12, I did a large search for apps to use in farming. From news to management to field operations to soil and fertilizer, I found more than 50 apps that farmers could use to help their operations.
But why keep them to myself, or only share them with conference attendees? Here is a list of what I found. Some may be repeats from what I’ve covered before, but there are definitely a lot of new ones in this list. Enjoy!...More
It's the time of year to review what we've been thinking different about at Corn + Soybean Digest. From organic matter and crop sensors to variable seeding and nitrogen tests, along with narrow rows and cover crops, the first three issues of CSD brought lots of opportunity to think different about the way you farm.
The U.S. farm balance sheet from a debt and equity position is much stronger now than it was in the 1980s. The debt to asset ratio in the 1980s ranged from 20% to 24%, compared to 10% today. That being said, debt was dispersed over a larger number of producers in the prior periods....More
John Jackle, who farms 1,800 corn and soybean acres near Jasper, Ind., talks about Climate|Pro from The Climate Corporation. He uses it to gauge weather, and also takes advantage of the advisors available, including the harvest advisor....More