October 25, 2012

The 2012 edition of the UNL Extension Panhandle Historical Crop Price Report  is now available in print and on the Web.

The report can be a useful marketing tool for producers, according to Jessica Johnson, agricultural economics extension educator at the UNL Panhandle Research and Extension Center in Scottsbluff.  She is one of three co-authors of this year’s update. The others are Tom Holman, extension educator in Scottsbluff County, and Matt Stockton, agricultural economist at the UNL West Central Research and Extension Center at North Platte.

The report provides a basic price analysis for significant crops in the Panhandle to help growers and others make good  marketing and production decisions. It lists historical crop prices and seasonal patterns for corn, wheat, proso millet, sorghum, alfalfa hay, and dry edible beans. For corn and wheat, which are traded on futures commodity markets, the report also compares local cash prices to national futures prices to establish local basis.

Depending on the crop, the prices are collected from local elevators and monthly USDA reports. Corn futures are reported by the Chicago Board of Trade and wheat futures are from the Kansas City Board of Trade.

To get a printed copy of the report contact Johnson at 308-632-1247 or jjohnson@unl.edu.