Jon Scheve discusses how farmers who raise specialty corn often give away their risk premium and leave money on the table. He explains how farmers should sell to maximize their profit potential.
Some farmers on social media have suggested the U.S. might be out of corn because of high basis bid values in the Corn Belt. Jon Scheve thinks the inverses in futures and the basis market during the summer are the cause.
Jon Scheve explains why farmers should not use "free" storage offered by commercial facilities because it isn't actually free. There are hidden fees for the farmer and it artificially lowers prices for all farmers.
A higher corn basis is seen in some pockets around the country, especially in Northwest Ohio where a lot of corn didn’t get planted due to a wet spring.
Brian Splitt, with AgMarket.Net, says farmers don’t necessarily have to focus on one production year at a time when it comes to marketing. AgDay's Clinton Griffiths talks more with Splitt about locking in profits:
USDA says the area planted for corn is 90 million acres. FSA says prevent plant acres are roughly 11 million for corn. Add the numbers and the industry questions whether farmers intended to plant 101 million corn acres.
The U.S. Department of Agriculture (USDA) released its expectations for 2018 and beyond at its annual outlook forum in Washington D.C. earlier this week.
Here's a look back at some of the most read stories on AgWeb this year. From markets to dicamba, politics and more ... here are some of the highlights.