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Hog Prices Take Off, Probably Due to PED-V (3/3/2014)
How large are the losses of baby pigs due to PED-V (Porcine Epidemic Diarrhea Virus) and how will the losses reduce slaughter supplies this spring and summer and for the rest of 2014? No one knows the correct answer, but lean hog futures market participants seem to have decided that the losses will be very large for slaughter supplies this spring and summer. In the past two weeks, April lean hog futures have risen by $10.68 and June futures have risen by $6.10 to record highs.  More... |
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Controlling Costs with Lower Crop Revenues: Cash Rents (2/25/2014)
Corn and soybean prices in 2014 are projected to be much lower than prices between 2010 and 2012. As a result, current projections place operator and farmland returns below average cash rents, leading to the need to reduce cash rents. More... |
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2014 Crop Insurance Decisions: The 2014 Farm Bill and 2014 Product Recommendations (2/11/2014)
Because the 2014 Farm Bill does not change crop insurance programs in 2014, the 2014 Farm Bill will not impact 2014 crop insurance decisions. Like last year, most farmers will find adequate protection with a Revenue Protection (RP) policy at a 75% or higher coverage level using enterprise units and the Trend Adjusted Yield Endorsement. More... |
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Evaluation of Selected USDA WAOB and NASS Forecasts and Estimates in Corn and Soybeans (1/17/2014)
A number of agencies in the USDA are involved in collecting, analyzing, forecasting, and disseminating information about the production and consumption of the corn and soybean crops.This summarizes the results of a research report that evaluates USDA forecasts and estimates for corn and soybeans. This is the first of a series of farmdoc daily posts that will discuss the findings in the report. The research was funded by the Office of the Chief Economist of the USDA.
Read the post on farmdoc daily...
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