Cory Walters - Extension Grain Economist

Cory Walters

Faculty Bio

harvesting wheat

Costs of Reducing Potential Nitrogen Pollution in Wheat Production

March 23, 2017

Understanding the influence of variable rate nitrogen technology in other areas can help inform Nebraska producers. 

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Projected Corn and Soybean Prices for 2017 Crop Insurance

March 3, 2017
Corn and soybean projected prices for the 2017 crop insurance year were recently released by the Risk Management Agency (RMA). The projected price for corn is $3.96 while the price for soybean is $10.19.

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Gordon Nebraska grain elevator
Figure 1. Now's a good time to begin your pre-harvest marketing plan. Gordon Nebraska grain elevator. (By Ammodramus, via Wikimedia Commons)

Pre-Harvest Marketing Strategies in Years with High Ending Stocks

January 27, 2017
This article looks at historical price patterns which can be used to determine a pre-harvest pricing strategy. Because of the record high ending stocks placing pressure on all three futures traded commodities, we will present both a 20-year average price pattern and a pattern for years with very high ending stocks for each.

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Figure 1. 1996-2016 average price index for the Nearby Chicago corn contract.
Figure 1. 1996-2016 average price index for the Nearby Chicago corn contract.

High Corn Ending Stocks and Post-Harvest Marketing Plans

October 19, 2016
Individual grain marketing plans contain both producer expectations and market fundamentals. In order to improve marketing plans it is important to understand how market fundamentals could impact changes in future prices.

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USDA winter wheat loan rate by Nebraska county.
USDA winter wheat loan rate by Nebraska county.

Price Support for Winter Wheat

September 9, 2016
Developing a post-harvest marketing plan when prices are low can be difficult. This article offers information for wheat growers on federal price support options through crop insurance, farm bill program payments or Marketing Assistance Loans or Loan Deficiency Payments.

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Nebraska map showing risk levels of irrigated corn production in Nebraska, based on insurance data
Nebraska map showing risk levels of irrigated corn production in Nebraska, based on insurance data

Nebraska Corn Production Risk by County Using Crop Insurance Data

July 13, 2016
Farmers know that yield risks vary across the state; however, the ability to compare yield risk between counties is new. Using crop insurance premium calculation data, we can quantify the expected insurance payment (or indemnities) by evaluating the county crop insurance reference rate. A high reference rate value implies higher historical payments and consequently more production risk and a higher crop insurance premium. Lower reference rates imply lower risk and lower premiums. Risk varies widely from one end of the state to the other, highlighting the need to consider general recommendations broadly and customize decisions to your data and situation. County-level risk maps for irrigated and non-irrigated corn production in Nebraska are included.

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