Sarah Bowman, Indianapolis Star - Every American household has felt the weight of inflation this year, but farmers have it worse than most. The stakes are higher than ever with costs soaring.
Read MoreTopics in this Month’s Update: 1. Prospective Plantings Report Surprises with Corn Acreage Potential 2. April WASDE: USDA Reacts to Changing Fundamentals 3. Short-Term Precipitation and Temperature Outlook 4. 2019 Corn, Soybean, and Wheat Basis vs. Previous Years …
Read MoreThis month’s newsletter, from Dr. Todd Davis, includes analysis on WASDE, basis, projected futures trading ranges to harvest, risk management opportunities, and more.
Read MoreWhile the grain markets continue to struggle with understanding the size of the 2019 corn and soybean crops, the market pretty well understands the 2019 winter wheat crop’s estimated production. As of August 19, USDA’s weekly Crop Progress report pegged the winter wheat harvest in the U.S. as 93% completed.
Read MoreKentucky farmers proudly provide high quality grains for feed, food, spirits and fuel use throughout the southeastern U.S. and around the world. They produced a record level of soybeans, and the 6th largest corn crop in 2018 (Table 1) due to record acreage and near record yields.
Read MoreIn a typical year, the August Crop Production report provides insight into the size of the corn and soybean crops. The historically late-planted corn and soybean crops have created uncertainty about the planted area and yield potential. The August reports included a re-survey of planted area in states that account for 85% of U.S. corn and soybean production.
Read More2019 Acreage Survey Confounds Market - The June 28th Acreage report was anticipated by the market to quantify the extent of the impact of the late planting season on corn and soybean acreage. Analysts surveyed before the report’s release expected corn area to decline to 87.03 million acres, which would be a 5.77 million-acre drop from the March Prospective Planting report.
Read MoreThis month’s update from Todd Davis includes prospective plantings report, WASDE analysis, soil conditions outlook, crop progress and condition, marketing analysis, and more.
Read MoreThis month’s update from Todd Davis includes prospective plantings report, WASDE analysis, soil conditions outlook, crop progress and condition, marketing analysis, and more.
Read MoreThe end of the 2018-19 wheat marketing-year is quickly approaching so this article will provide a few comments about the old-crop wheat and set the groundwork for the new crop balance sheet and the supply and demand factors affecting the U.S. marketing year average price.
Read MoreRead the March 10 issue from Dr. Todd Davis.
Read MoreArticles include crop production estimates, WASDA update, projected prices for revenue protection insurance, basis implication for storage, risk management opportunities for May delivery, projected return for storage, and more.
Read MoreManagers should consider the potential risk protection provided by combining crop insurance with forward contracts to manage revenue risk for wheat and double-crop soybeans. The crop insurance decision was made last September for wheat.
Read MoreThis month’s update form Dr. Todd Davis includes projected profitability and break-even analysis, impact for storage, risk management opportunities, balance sheets, and more.
Read MoreRead the latest Economic and Policy Update from UK Ag Economics - includes stories on farm asset depreciation, economics of applying fall poultry litter, estate taxes, and food price inflation.
Read MoreNovember’s update includes USDA Crop Production Report analysis, WASDE update, crop basis vs previous years, projected futures to July 2019, risk management opportunities, projected return for stored crops, and more.
Read MoreThis month’s update includes the October crop production report, WASDE update, USDA Production Forecast, Storage Implications and Basis, Futures Trading Ranges to July 2019, Risk Management Opportunities for February Delivery, and more.
Read MoreOur current agriculture economy is on the rocks. Producers are experiencing low prices, some areas have gotten no rain, we have rising or steady costs of inputs, increased labor costs, tariffs and trade agreement turmoil…. all in all there are tight margins with little to no profits.
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