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It is interesting to show the market’s beliefs every now and then and consider what the market believes lies ahead, and compare those measures to recent history.
Through thorough, random sampling and applying knowledge of your crop, you can produce a reasonable yield estimate.
While landowners welcome the news, Purdue Extension agricultural economist Craig Dobbins said it should signal caution for potential buyers.
The anticipated pattern could be described by the adage that “short crops have long tails.”
To assess the impact of freezing temperatures on emerged corn, check plants about 5 days after the freezing injury occurred .
Now that it’s April, is there any reason to wait much longer to start planting?
A poor South American crop may push U.S. corn and soybean exports higher.
While crude oil prices have fluctuated in a narrow range this winter, natural gas prices have plummeted.
It is not clear why, on average, analysts expected a 30-million-bushel reduction in the estimated size of the crop.
Higher fertilizer costs continue the trend of higher production costs for corn, leading to higher break-even corn prices necessary to cover costs.