You are here
Big in ag: Soggy, slow harvest strides
How long will the lower prices continue? "Current prospects do not seem to favor a quick or substantial recovery in corn prices without production problems in South America," ag economist Darrel Good said this week. "Without an increase in the price for the 2014 soybean crop, lower corn prices may be more likely," he says.
But, that doesn't mean the bank's getting broken, for a couple of reasons, at least in the short term. One, this week marks the end of the price establishment for federal crop insurance guarantees. So, where will that get you this year? Here's the latest from one expert.
And, there are a lot of ways to manage margins moving forward, too. Iowa State University Extension farm management specialist Steve Johnson takes a look at some of the latest numbers for crop production costs and returns and looks ahead to some options for farmers to stay on the right side of the equation.
While lawmakers continue to slowly push toward a new farm program, former ag leaders sat down together recently to chat their priorities while U.S. Secretary of Agriculture and some of the more pressing issues facing agriculture and food in the U.S. today.
Harvest-delaying rainfall after major strides of progress is one of the big stories in agriculture this week.