Each year about 40% of Nebraska's corn is used to produce ethanol. This Cornhusker Economics article explores the changes in corn basis at five Nebraska locations since the implementation of the Renewable Fuels Standard in 2005.
Starting today, producers of agricultural commodities directly impacted by escalating trade conflicts and tariffs can sign up for the new USDA Market Facilitation Program. This program is administered through the Farm Service Agency (FSA). Qualifying producers can sign up from September 4, 2018 through January 15, 2019.
This article evaluates various date-driven winter wheat marketing strategies, using 20 years of prices for Kimball, Nebraska. It compares each year’s average harvest price and the probability of the average price of a strategy being higher than the cash price at harvest.
New tariffs between China and the U.S. have prompted many questions about agricultural trade between these two nations, especially from soybean producers. This article offers an overview of soybean tariffs and what soybean farmers can do to reduce the impact of the recent price declines.
This is often a good time to monitor prices and market stored grain as many buyers may offer a price bump due to limited supply during the planting season. Also storing grain too long may result in a lower price per bushel than was available at harvest, nullifying the logic of placing it in the bin to begin with.
This week's Market Journal explores the need for a written market plan for both new and old crop corn and soybeans, the drought in Argentina, and what attendees learned at the Nebraska Women in Agriculture Conference.