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Recorded June 17, 2019 | Purdue agricultural economists Chris Hurt, Michael Langemeier, and James Mintert provide an updated corn and soybean price outlook, which includes information from USDA’s Crop Progress report.
Read More about Corn & Soybean Price Outlook: Making Your 2019 Soybean Prevented Planting DecisionsSoybean storage returns are examined in this article. The method of measuring those returns is similar to corn. Please read the corn storage return article in this publication for that information. One difference is that the harvest price for soybeans was assumed to be the cash prices in the first two weeks of October, while the corn harvest price was assumed to be the last two weeks of October.
Read More about Soybean Storage Returns: Implications for Storage and Pricing DecisionsThe 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 More about A Closer Look at Recent Variability in On-Farm Corn Storage ReturnsGrain 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 More about Corn Storage Returns: Implications for Storage and Pricing DecisionsHog 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 More about How Hog Diseases Impact Supply, Demand and ProfitRecorded 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 More about Spring 2019 Corn & Soybean OutlookThe 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 More about Farm Bill Summit, OSURecorded 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 More about 2019 Ag OutlookWith 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 More about Soybean Prices Depend on ChinaThe 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 More about Pork Industry Looking for a Better 2019