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Weekly Farm Economics

GRIP Payments in 2011

  • February 24, 2012
  • Gary Schnitkey

On February 23rd, the National Agricultural Statistical Service (NASS) released county corn and soybean yields for 2011. From these yields, 2011 Group Risk Income Plan (GRIP) payments can be estimated.…
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Should I Sell My MF Global Claim?

  • February 22, 2012
  • Paul E. Peterson

As described in a previous FarmDoc Daily article MF Global failed on October 31, 2011 with a shortfall in customer funds of $1.2 billion (since increased to $1.6 billion) affecting…
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Weekly Outlook

Corn and Soybean Export Progress

  • February 20, 2012
  • Darrel Good

In December 2011, the USDA judged total corn production prospects in Argentina and Brazil at 3.54 billion bushels. That forecast was reduced by 120 million bushels in January and by…
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Premiums on Trend-Adjusted APH Endorsements

  • February 7, 2012
  • Gary Schnitkey and Bruce Sherrick

The Trend-Adjusted Actual Production History (TA-APH) allows farmers to increase yields used in calculating guarantees for plans within the COMBO product. For the same guarantee level, farmer-paid premiums will almost…
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Weekly Outlook

Corn Market Remains Unsettled

  • February 6, 2012
  • Darrel Good

The 2011-12 corn marketing year is approaching the half-way point. At this time of year, prospects for marketing year consumption and ending stocks are often fairly clear and the market…
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Federal Preemption and Animal Regulation

  • February 1, 2012
  • Bryan Endres and Megan R. Galey

On January 23rd, the U.S. Supreme Court overturned California's rule that prohibited the slaughtering or selling of non-ambulatory ("downer") animals for human consumption, holding that the Federal Meat Inspection Act…
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