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The corn and soybeans storage returns articles examine long run averages. These can be somewhat misleading when there is a lot of variation from year to year. For this reason we are providing a peek at the weekly speculative on-farm corn returns data for the last ten years.
Read MoreGrain storage is an important marketing function that provides “time value” to the grain. Grain production occurs at harvest time, but usage is spread throughout the marketing year. Thus storage is required to remove the harvest surplus and then to allocate that surplus to users in an orderly manner until the next harvest.
Read MoreHog prices and profits are way up right now. One of the primary reasons is a terrible disease known as African swine fever, which has been boosting prices since April.
Read MoreRecorded April 1, 2019 | Purdue agricultural economists Michael Langemeier and James Mintert review the crop outlook following the March 29th USDA’s Prospective Planting and Grain Stocks reports.
Read MoreThe Ohio State University, the Purdue Center for Commercial Agriculture, the University of Kentucky and Farm Credit Mid-America jointly sponsored a Farm Bill Summit on Thursday, April 11, 2019 at Versailles High School.
Read MoreRecorded December 19, 2018 | Purdue ag economists Chris Hurt, Michael Langemeier, and Jim Mintert discuss updated corn and soybean supply/demand information, planting decisions, and the implications for farmers of the recently passed 2018 Farm Bill.
Read MoreWith a record amount of soybeans to sell from the 2018 crop it is a bad year to jeopardize our largest buyer. The U.S. had record soybean yields and record total production in 2018 and also lost the opportunity to sell to China, our largest customer during their peak buying season.
Read MoreThe year of 2018 did not turn out so well for pork producers as estimated losses were about $12 per head for farrow-to-finish operations. These were the largest losses since 2012 when high feed prices prevented positive returns. Pork production was up 3% in 2018. That was record high production as the industry has been in expansion since 2014.
Read MoreMilk price trends make reaching break-even look bleak for many farms. Recent news media related to dairy farming in the U.S. has been difficult to even see or hear, let alone to actually live though on the farm. Untimely and delayed harvests in many parts of the U.S. make predicting feed costs difficult, in addition to the lingering questions about quality.
Read MoreDuring 2018, changes in the retail price of food at home have remained low, averaging just 0.5% year- over-year growth over the past five years and 0.4% year-over-year growth thus far through 2018 according to data from the Bureau of Labor Statistics.
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