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Weekly Outlook

More Pork Please! More Quickly

  • September 29, 2014
  • Chris Hurt

More Pork Please! That has been the scream of pork consumers this year who have paid record high prices at retail. The latest USDA Hogs and Pigs report suggests that…
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Basis Considerations with MPP-Dairy

  • September 26, 2014
  • John Newton

The 2014 Farm Bill created the Margin Protection Program for dairy producers (MPP-Dairy). MPP-Dairy is a voluntary and flexible program, run by the USDA Farm Service Agency, which makes payments…
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ARC-PLC Regulation and Decision Tools

  • September 25, 2014
  • Gary Schnitkey, Jonathan Coppess, Nick Paulson and Carl Zulauf

On Thursday, September 25, 2014, Secretary Vilsack announced the regulations for the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs created by the 2014 Farm Bill. Along with…
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Weekly Outlook

Monitoring Corn and Soybean Consumption

  • September 22, 2014
  • Darrel Good

The corn and soybean markets appear to be expecting the USDA's already very large U.S. production forecasts to be increased in the October 10 Crop Production report. Larger crop expectations…
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Weekly Farm Economics

Will Non-Land Costs Decrease in 2015?

  • September 16, 2014
  • Gary Schnitkey

Corn and soybean revenues in 2013 and 2014 will be much lower than revenues from 2009 to 2012, leading to hopes that non-land costs also may decrease. After a decrease…
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Weekly Outlook

Update on Corn and Soybean Acreage

  • September 15, 2014
  • Darrel Good

The USDA's Crop Production report to be released by the National Agricultural Statistics Service (NASS) on October 10 may contain revised estimates of planted and harvested acreage of corn and…
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Small Farms and the ACA

  • September 12, 2014
  • Marc Lovell

Under the rules of the Affordable Care Act (ACA), farm employers are generally subject to the employer mandate if, under special rules for counting employees, there are 50 or more…
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Cattle at the Crossroads

  • September 12, 2014
  • Paul Peterson

The year-long across-the-board rally in cattle prices has been driven by a combination of favorable supply and demand factors which have aligned to push prices to record levels. On the…
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Do Big Soybean Crops Always Get Bigger?

  • September 10, 2014
  • John Newton, Scott Irwin and Darrel Good

The USDA's August Crop Production report forecast the 2014 U.S. average soybean yield at 45.4 bushels per acre. That exceeds the previous record yield of 44.0 bushels in 2009 and…
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Weekly Farm Economics

2015 Crop Insurance Decision Tool and SCO

  • September 3, 2014
  • Gary Schnitkey

The 2015 Crop Insurance Decision Tool is now available for download from the FAST section of farmdoc. Currently, the tool provides farmer-paid premiums for wheat. Premiums are given for all…
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Weekly Outlook

Rebuilding U.S. Animal Industries

  • September 2, 2014
  • Chris Hurt

Everyone is familiar with the phrase, "What goes up must come down!" Grain prices seem to be following this old axiom, with substantial questions remaining of "how far down?" For…
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