The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) released the August Crop Production report today, showing the soybean production is forecast to be 10 percent higher than 2016. Corn and hay production reports also available.
Read MoreKentucky grain farmers are harvesting corn and are getting to the point where they will decide if and how much wheat they will plant this fall. The main changes this year are a modest increase in wheat prices, a small increase in soybean prices, and a slight decrease in nitrogen prices. These changes will make planting wheat more attractive relative to last year.
Read MoreJuly issue of the UK Crops Marketing and Management Update from Dr. Todd Davis.
Read MoreIncludes Summary of Pennyroyal Grain Farms for 2016 and U.S. Prices Received By Farmers 1990 - 2016
Read MoreThis update focuses on the timing of implementing risk management products. From 1994 to 2016, June tends to provide the best opportunities for price risk management.
Read MoreUSDA's latest World Agriculture Supply and Demand Estimates Report on coarse grains and oilseeds.
Read MoreThe May report provides USDA’s initial projections for the 2017-18 marketing-year. Market analysts have been discussing since last fall the acreage shift away from corn and wheat towards soybeans and the impact on ending stocks.
Read MoreThe January 2017 newsletter provided an initial risk management game plan for 2017 corn and soybeans and provides detail about this example of developing a pre-harvest risk management plan that combines Revenue Protection insurance to protect the pre-harvest sales from production risk.
Read MoreA severe freeze in mid-March has likely damaged much of the wheat crop in Kentucky. The extent and severity of the damage will be better known one to two weeks after the freeze when baseline estimates can be made.
Read MoreThe projected prices for Revenue Protection (RP) crop insurance is established using the December 2017 corn and November 2017 soybeans futures contracts closing prices for the month of February.
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