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Estimated GRIP-HR Payments for 2010

  • February 28, 2011
  • Gary Schnitkey

NASS released county yields for 2010 today (February 28). Based on these yields, I calculated the insurance payments for Group Risk Income Plan with the Harvest Revenue option (GRIP-HR) for…
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Almost Final Projected Prices

  • February 28, 2011
  • Gary Schnitkey

Projected prices are used to set guarantees on crop insurance. Projected prices for corn and soybeans with a March 15th closing date are based on settlement prices of Chicago Mercantile…
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Weekly Outlook

Pork Industry Walking Tight Rope

  • February 28, 2011
  • Chris Hurt

The pork industry in 2011 will be walking a tight rope between high hog prices and high feed prices. Consumers will be paying record high prices for pork. Producers will…
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Weekly Farm Economics

Acreages and Corn and Soybean Returns

  • February 17, 2011
  • Gary Schnitkey

A central question is whether corn acres will increase in the heart of the corn-belt. For total U.S. corn acreage to increase in 2011, acres devoted to corn in Illinois,…
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Weekly Outlook

Mixed News for Corn and Soybean Exports

  • February 14, 2011
  • Darrel Good

The USDA's weekly Export Sales report and weekly reports of export inspections provide timely information about export demand for U.S. agricultural commodities. The U.S. Census Bureau, however, is the official…
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Projected Prices in Mid February

  • February 11, 2011
  • Gary Schnitkey

Projected prices are used in setting guarantees on crop insurance products. Corn and soybean projected prices are set during the month of February using settlement prices of Chicago Mercentile Exchange…
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Weekly Outlook

Corn Consumption Still Progressing Rapidly

  • February 7, 2011
  • Darrel Good

Three weeks ago we assessed the rate of consumption of corn and soybeans and concluded that corn consumption was progressing too rapidly based on available supplies. Soybean consumption appeared to…
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