Catch up on the latest in farm business news with our Power Hour Weekly Round-Up for the week of May 31 to June 6, 2015.
Manage the Corn Sales Frenzy Early
As farmers sell grain from the bin ahead of harvest 2015, they should buy call options and make plans early, advises Mike North, Commodity Risk Management Group.
Dairy Trends: Milk Prices Soften, Butter Climbs
Dairy producers should expect some counter-seasonal market movements heading into fall, says Mike North, Commodity Risk Management Group. That’s particularly true if cheese buyers move to take advantage of recent prices averaging $1.65 for blocks and barrels.
Plant Technology Leader Considers Future of Traits
She speaks softly and politely, but there’s no mistaking the smarts and strength of Dr. Mary-Dell Chilton, who led the team that developed the first transgenic plant in the 1970s.
Corn Price Risk Flatlines
For producers with an actual production history for corn close to what they expect to grow, payments begin to kick in at $3.53, explains Dustin Johnson, EHedger.
Wheat Quality Will Determine Basis Strength
This year, wheat producers whose crop is in good condition likely will see stronger basis at local elevators than those with a lot of poor-quality crop created by frequent rain.