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USDA to Award $6 Million for Farm Bill Help

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May 30th, 2014

The USDA announced yesterday that they will be awarding $ 6 million to help farmers analyze their farm bill options primarily related to ARC and PLC.  There will also be tools to analyze the options for dairy producers under the new Dairy Margin Protection Program that should start September of this year and the Noninsured Crop Disaster […]

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What if USDA Average Prices Occur?

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May 15th, 2014

The USDA has provided their long-term price outlook for the major crops over the next few years.  Since ARC and PLC are both based upon what the average marketing price by crop year will be, I decided to run another analysis assuming that these prices occur.  PLC has no yield variability, while ARC can be […]

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What Will be The February Insurance Price

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February 6th, 2013

February sets the price level for crop insurance on Corn, Beans and some of the other major crops.  Last year’s spring price was $5.68 for corn and $12.55 for beans. We have had 4 trading days for this month out of 20 total and so far the average corn price is $5.89 and the average […]

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    Traveling to Billings for Farm Financial Standards Council annual meeting 12 hours ago

    Congrats to # 24. The Chase is in for #5 1 day ago

    Got to drive a Case IH 2388 yesterday in 130+ bpa wheat for two hours. My idea of a perfect day. Have two more days end of the week 2 days ago

    Debt as percentage of farm assets will go up as farmland and equipment values go down. Where will it stop? 2 days ago

    Photo of 140 bpa wheat near Walla Walla pic.twitter.com/YsA2wPt1iH

    3 days ago

    Corn does well in Washington state. 55 at night 95 during the day plus irrigation 5 days ago

    If average cash rents drop $50 this fall and cash return is 2% equals drop in average land values of $2,500. We shall see. 5 days ago

    2 years ago corn + beans + wheat was almost $40. Now it is under $20. 5 days ago

    Great time with @MRRChip today on Market Rally talking about the new farm bill. 6 days ago

    Drove over 2,000 miles in last 12 days. Saw a lot of good looking corn. Beans not so much 1 week ago