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Tag: corn price
$4.58 breakeven corn price: ouch!
2014-06-05 20:25:00| Corn & Soybean Digest
Newly released figures from farm-management sage Gary Schnitkey, University of Illinois, amount to a 6% increase for 2013 non-land costs above 2012. Thats $615 non-land costs to produce an acre of 2013 central-Illinois corn versus $581 per acre in 2012. Bottom Line read more
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Corn price declines
2014-05-21 15:07:00| Corn & Soybean Digest
Source: University of Illinois Corn prices have dropped about 40 since the USDA May 9 WASDE report. University of Illinois agriculture economist Darrel Good says that the recent price decline appears to reflect a combination of declining wheat prices and prospects for a build-up in corn stocks during the 2014-15 marketing year. read more
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price declines
ARC and PLC: Corn price path
2014-03-15 03:06:00| Corn & Soybean Digest
Source: University of Illinois Farms will have to decide between the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. The decision covers the 2014 through 2018 crop years. Because the decision covers all 5 years, can only be made once, and is irrevocable. read more
Looming price risk ahead for corn, soybeans
2014-02-25 23:33:00| Corn & Soybean Digest
A year ago at this time, the local cash corn price in southern Minnesota was near $7 per bushel, compared to slightly over $4 per bushel in late February this year. This is lowest cash corn price in late February since 2010. In recent years, we kind of got drawn into a mentality that corn prices of $5-7 per bushel were the new normal, rather than a temporary price upswing; however, that type of thinking could change quite dramatically in the coming years. Farm operators need to start planning now for much lower crop price levels in the coming years. Focus on Ag read more
Industry At A Glance: Corn Price Vs. Carryover Stocks
2014-02-20 18:56:00| Beef
The Chinese use two symbols to simultaneously represent the concept of risk or crisis: one is danger, the other is opportunity. Thats an appropriate characterization of the risk and reward potential inherent in todays commodity markets. read more
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