UK Crops Marketing and Management Update

A key component of marketing stored grain is monitoring local basis and understanding the seasonal components of basis. Figure 1 and Figure 2 show the monthly average corn and soybean spot basis, respectively, for 12 Western Kentucky markets. Notice that basis tends to follow seasonal patterns with the widest level at harvest with appreciation into spring and early summer.  

Read More
MarketingJennifer Elwell
Recommendations for Late Season Grain Harvest

Estimates indicate that nearly 10% of the corn crop and 30% of the soybean crop in Kentucky are yet to be harvested, which is behind previous years but typically seen across the US grain belt this year. Field drying has slowed considerably, and most late planted crops are still above moisture levels that are considered safe for storage.

Read More
Jennifer Elwellhandling
FARM BILL UPDATE

Budgetary issues continue to be a challenge as farm/commodity organizations attempt to strengthen the safety net for U.S. agriculture amidst a depressed agricultural economy, while other groups, such as hunger advocates, and conservationists attempt to protect their programs.

Read More
PolicyJennifer Elwell