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View Last 60 Days of Headlines
Beef Industry Travelling to a Different Drummer This Year (5/4/2015)
The beef industry stands alone in 2015 in its continued reduction in supplies available to consumers. The year of 2014 was a special year for the animal production industries with record high farm level prices for cattle, hogs, broilers, turkeys, milk and eggs. For 2015, a surprisingly fast expansion of poultry, pork and milk production will cause lower prices for those commodities. Beef stands alone in the continuation toward lower production, but prices remain uncertain. More...
Corn Market Expects Large Supply and Weak Demand (4/27/2015)
Corn prices have come under renewed pressure, with a decline of nearly $0.20 in futures prices over the past week. Those prices are now at the lowest level since October 2014. Old crop basis, however, continues to strengthen seasonally in most markets. The average cash price in central Illinois, for example, was $0.14 under July 2015 futures on April 23rd, compared to $0.70 under in late September and early October 2014. More...
Projected 2015 Corn Revenue with Comparisons to Revenues from 2010 to 2014 (4/22/2015)
In Illinois, 2015 gross revenues for corn are projected to be lower than 2014 gross revenues. In 2015 for corn, gross revenues are projected in the mid to high $800 per acre range for farms in Northern and Central Illinois with high-productivity farmland. Gross revenues in the low $800 per acre range are projected for farms with lower-productivity farmland in Central Illinois. Gross revenues in the low $700 range are projected for Southern Illinois farms. These 2015 levels are about $200 per acre below average gross revenue levels for 2010-13. As long as prices are below $4.50, gross revenues in the above ranges are to be expected. More...
 
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