Commodity Marketing

  • By: | Trackback Link | No Comments

    December 6th, 2014


    Ethanol Industry Approaches 1 Million Barrels a Day Production

    The Barrel is a blog done by Platts (a division of McGraw Hill) and their recent post indicated that Ethanol production is approaching 1 million barrels a day.  This equates to about 42 million gallons a day.  Ethanol margins have nearly doubled from 2013 and are approaching $1 per gallon. However, with the continued decrease […]

    More
  • By: | Trackback Link | No Comments

    July 24th, 2014


    The Effect of Premium Subsidies on Crop Insurance Demand

    The Economic Research Service of the USDA periodically releases reports on various items related to agriculture.  This month, they released a report on the “The Effects of Premium Subsidies on Demand for Crop Insurance“.  The actual report is about 30 pages long and has a very detailed regression analysis for about 10 pages of the […]

    More
  • By: | Trackback Link | No Comments

    March 19th, 2014


    FSA Releases New Farm Bill Fact Sheet

    The FSA released today a six page fact sheet on the new farm bill.  It recaps the major changes that were included in the 900+ page farm bill.  Most of the material has been covered on several of our posts over the last month or so. We are doing a webinar on the new farm bill […]

    More
  • By: | Trackback Link | No Comments

    January 25th, 2014


    If Corn Drops a $1, How Much Does Farmland Prices Drop?

    AgriBank, which is owned by 17 affiliated Farm Credit Associations primarily located in corn belt states issued a 14 page analysis of farmland values and the effect on these values if commodity prices decrease or interest rates rise.  Their analysis included regression studies and here are some of the conclusions: If net farm income or […]

    More
  • By: | Trackback Link | No Comments

    November 21st, 2013


    Day 2 & 3 of the NW Co-Op Council Meetings

    David Enquist from our Moses Lake, Washington office is providing the following recap of day 2 and 3 of the NW Co-Op Council annual meeting. Days 2 had presentations focusing on succession planning, reputation management, talent management, and an awards banquet. The succession and talent management presentations tied in very well together as properly identifying […]

    More
  • By: | Trackback Link | No Comments

    August 16th, 2013


    MidWest Crop Tour

    Just letting everyone know that I am leaving bright and early tomorrow morning to fly to Cedar Rapids, Iowa.  Chris Barron is picking me up at the airport and we are then headed to Columbus, Ohio.  We will spend the night in Bloomington, Illinois (most likely) and then meet up with about 100 scouts in […]

    More
  • By: | Trackback Link | No Comments

    July 10th, 2013


    Top Farmer – Day 2 – Last Session

    The final session of the day was presented by Marcos Fava Neves of the University of Sao Paulo, Brazil on the Brazilian Agriculture Perspective. Marcos is based near Sao Paulo which does not have much soybean or corn production in the area.  Rather, they are in the heart of sugar cane country and Ethanol plants.  Marcos […]

    More
  • By: | Trackback Link | No Comments

    July 10th, 2013


    Top Farmer Day 1 – Session 2

    My next recap is in regards to the “Crop Markets in Transition” presented by Darrel Good of the University of Illinois.  Darrel noted that there is the potential for a 14 billion bushel crop with added production in South America, it may be tough to meet the export estimates by USDA.  Ethanol consumption should pick […]

    More
  • By: | Trackback Link | No Comments

    June 28th, 2013


    Remember, Corn is Not Just Grown in the Corn Belt

    With today’s release of the USDA acreage report, it is becoming more apparent that the production of corn is rapidly expanding outside of the corn belt.  North Dakota (3.9 million acres) for 2013 has almost planted as much acreage to corn as Ohio (3.95 million acres). My father was born in South Dakota and was […]

    More
  • By: | Trackback Link | No Comments

    June 11th, 2013


    ACRE Produces Higher Payouts Than New Farm Bill Proposals

    Gary Schnitkey of the University of Illinois just released an excellent analysis of the projected crop payments under the old ACRE program or the proposed Senate ARC or House RLC or House PLC programs.  As most know, under the old Farm Bill, a farmer could elect to participate in the ACRE program in return for […]

    More