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Corn Basis Revisited

  • January 27, 2012
  • Scott Irwin and Darrel Good

The extremely strong corn basis is currently receiving a lot of attention. We first made note of the strong basis pattern in our post on October 20, 2011. We suggested…
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Weekly Farm Economics

Group Risk Income Plan (GRIP) in 2012

  • January 24, 2012
  • Gary Schnitkey

Ratings changes made by the Risk Management Agency (RMA) will cause premiums for Group Risk Income Plan with the Harvest Price option (GRIP-HR) to be higher in 2012 as compared…
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Weekly Outlook

Corn Price Swings to Continue?

  • January 23, 2012
  • Darrel Good

Since early October, corn prices have bounced in a wide trading range. March 2012 futures have traded between about $5.75 and $6.75 while December 2012 futures have been between about…
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Farm Capital Investments

  • January 20, 2012
  • Dwight D. Raab

Increased farm earnings in the recent past have led to an increased level of capital purchases. No doubt the increase in the IRS Code Section 179 Expense Election to it's…
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Weekly Farm Economics

COMBO Crop Insurance Premium Changes in 2012

  • January 18, 2012
  • Gary Schnitkey and Bruce Sherrick

Listen to MP3 podcast The Risk Management Agency (RMA) undertook a study of corn and soybean premiums and found that insurance premiums were too high relative to insurance payments. As…
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USDA Reports Negative for Crop Prices

  • January 12, 2012
  • Darrel Good

Today, the USDA released the December Grain Stocks report, the Annual Crop Production report, the Winter Wheat Seedings report, and the monthly WASDE report. The reports reflected a more abundant…
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Weekly Farm Economics

2012 Crop Insurance Decision Tool

  • January 10, 2012
  • Gary Schnitkey

The 2012 Crop Insurance Decision Tool has been released. The tool is a Microsoft Excel spreadsheet that can be downloaded from the FAST section of farmdoc here. From the FAST…
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Weekly Farm Economics

Seasonal Fertilizer Prices

  • January 6, 2012
  • Gary Schnitkey

Graphs presented here show monthly fertilizer prices beginning in the fall prior to planting through spring and summer. From fall 2008 though summer 2011, prices generally decreased from fall through…
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Weekly Outlook

Hog Producers Follow Prudent Path

  • January 3, 2012
  • Chris Hurt

Listen to MP3 podcast Hog production returned to profitability in 2011, but producers remain cautious about the future. This is evidenced by the modest expansion of the breeding herd as…
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