The increase in corn used for ethanol has been a major driver of crop prices in the New Era that began in the Fall of 2006. In the face of one of the worst droughts of the last century this summer, there have been numerous calls to limit the policy incentives to use corn for ethanol production in the upcoming year. The U.S. Environmental Protection Agency (EPA) is currently considering formal requests for this potential relief. While ethanol has garnered nearly all of the headlines in recent years, its role as the leading driver of crop prices may be nearing an end.
University of Illinois Ag Economist Darrel Good discusses the Crop Production and WASDE reports.
Planning is underway now for the 2013 All Day Ag Outlook Meeting. If you have a great idea or something you want to see, drop Dave an e-mail at email@example.com or call at 217-333-7300. We consider the meeting a partnership and are always open to providing the information you need the most!!!!!
This week WILLAg Tuesday Closing Market Report Meteorologist Don Day is creating history. Don is also meteorologist to the Red Bull Stratos team attempting the highest space jump ever...
...Todd and Dave wish Don and jumper Felix Baumgartner all the best in this historic human endeavor.
There was a funeral I missed this morning, and I didn’t mean to do so. For the last year you’ve maybe heard me mention from time to time heading to the tavern in Elkhart for fried chicken on Wednesday nights. I try to get there every three weeks or so to have supper with dad because, well, it’s dad. He meets Joe and Bev Buttell there every Wednesday night. They won’t be there tonight... they ate fried chicken today instead and Joe’s funeral. Can’t believe I missed it. I’m so sorry. This earth has lost another farmer. One that won’t be replaced. One that was there my entire life. Joe Buttell was the quietest man I’ve ever known, but he listened to every word. We could all learn something from him.
Darrel Good thinks this morning's Grain Stocks report has left things fairly muddled for the corn market. The 1.2 billion bushels of early harvested corn USDA reported in the Sep 12 Crop Production report had made that fact clear a couple of weeks ago. Still, Darrel has some thoughts on the matter. You can listen to his conversation with Todd Gleason.