Current projections put corn and soybean prices at much lower levels compared to prices between 2010 and 2012. Non-land costs are not projected to come down by the same amounts as revenues have declined. Current projections place operator and farmland returns below average cash rents, leading to the need to adjust cash rents down.
It looks like the corn based ethanol industry may be set to run at capacity (or above). If it does, the increased volume will come from foreign shores. Listen to find out more on why the United States could export more ethanol than expected in the coming months from University of Illinois Ag Economist Darrel Good. You may read more from Good on the FarmDocDaily website.
The western corn rootworm ranks as the planet’s most destructive insect pest of corn. This is in large part because it continually adapts to control methods. Listen and you'll hear more on the potential return of soil insecticides to the western corn rootworm battlefront.
The 25th annual All Day Ag Outlook Meeeting is March 4 at the Beef House in Covington, Indiana. Most of our analysts will be there, including Sue Martin of Ag and Investment Services. Along the way we'll get the lowdown on farmland values for 2014; the commodity title of the new farm bill; and of course our great marketing panels on soybeans, corn, and the cash grain trade.
The cost is $30 per ticket and includes a continential breakfast, a Beef House lunch, and 25th Anniversesity WILLAg hat. Register during regular business hours 9 a.m. - 4:30 p.m. central time with your major credit card and guarantee your spots. We'll mail your tickets right away! The phone number to call is (217) 333-7300.
See the full line up on the next page!!!
It's time to have a little fun in the off season! Along with all the winter meetings, you should consider making a trip to John Deere!
FOLLOW THE CORN JOHN DEERE - Follow the Corn is back and this time we're headed to Moline! March 10, 11, & 12 we'll hit the road for a bus trip to see John Deere combines being made in Moline, Illinois and tractors in Waterloo, Iowa. John Deere manufacturing facilities are second to none, and both are scheduled to be running in March. We'll stop by Deere Headquarters and the Pavilion, too. Our first trip was so much fun, we cannot wait to make this one! If you want to come along check out our Follow the Corn John Deere page.
Ag economists from the University of Illinois and SIU plumbed USDA grain and oilseed reports for inconsistency and have a list of recommendations for the agency.
Neal and Eula Freudenburg play a farm couple in the movie 'NEBRASKA'. It wasn't a stretch, because they are in fact a farm couple. Todd Gleason called them at their home Monday morning and talked with them about their lives and the making of the movie. You may listen to the conversation.
The dramatic drop in commodity prices over the last six months, along with the realization that lower farm incomes may be setting in across the Midwest, have many wondering if the price of farmland can remain at historic highs. Todd Gleason has more on the reasons that may be possible from the Center for Farmland Research at the University of Illinois.