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What's in store for your farm this year?
The new year's arrived. 2013 was a year of major volatility for most farmers and ranchers, and that's expected to continue through at least this early stretch of 2014. Take a little time to look ahead to what the farm business sector's going to look like in the next 12 months. What's the biggest thing on your radar for the coming year?
If you can correctly project U.S. acreage, China demand, South America's production, and U.S. livestock feed demand, experts say that you could tell the world where the corn and soybean prices will go in 2014.
A critical piece of the farm income puzzle for 2014 -- one that isn't exactly inciting optimism among farmers as they look ahead this winter -- will be crop-insurance guarantee levels for the 2014 crop.
With just a few legislative working days remaining in 2013, the likelihood of a new farm bill is waning, leaving farmers in limbo once again, a Purdue Extension farm policy expert says.
Looking ahead: More ideas & chat
- Future of the ethanol mandate
- Fees for conservation planning?
- Talk: What's your biggest 2014 goal?
- 'Sell the carry in the corn market' in early 2014?