If a bin of unpriced corn is your biggest mistake, know you aren’t the first and won’t be the last farmer who missed a pricing opportunity. Embrace the outcome and set your sights on making 2024 your best year yet.
Some fields have a spot that consistently does not produce, but don't ignore those acres. If 156 acres average 200 bu. per acre, but 4 acres average 20 bu., the yield on the 160-acre field drops to 195.5 bu. per acre.
In early January, Illinois crop budgets were revised for 2024. Farmers are predicted to lose $135 to $160 per acre for corn and $20 to $107 per acre for soybeans. What’s a farmer to do when news is a punch in the gut?
Recent WASDE reports had assumed another record Brazilian soybean crop and Argentina returning to normal, but the El Niño weather pattern might have something to say about that.
Soybean demand makes the market more receptive to a postharvest rally if production trends lower into January. Corn exports are behind last year’s pace, and importers are turning to Brazil’s corn.
The 64.5-million-bushel sale was split 41.3 million bushels for this marketing year and 24.1 million bushels for 2024-25. It's the 11th largest daily export sale on record and the third largest sale of corn to Mexico.
As the two leaders of the ProFarmer Crop Tour converge, the eastern route and western route tell two very different stories—Chip Flory and Brian Grete are watching the markets with new perspective on crop conditions.
Whether you have a low-cost operation, a highly leveraged operation or are somewhere in between, it's a good idea to run an ROI analysis to understand just how good or bad marketing opportunities are at any time.
EPA has announced it will issue an emergency waiver to allow E15 use this summer. The temporary waivers will be issued every 20 days and exempt the 15% ethanol fuel blend from volatility requirements.
Cash basis levels for corn and soybeans at 20-year highs as a result of transportation issues tied to winter storm Elliott, but it's also due to tight supplies.
The current trend is a friend to farmers, as the markets ended the day green almost across the board. Gulke Group's Jamie Wasemiller breaks down the positive outlook and provides insights to post-Christmas trade.
In drought areas of the western and southern Corn Belt, cash basis is on fire, which has created strong prices for farmers at harvest due to the short crop. It's a stark contrast to the east.
Grains up on technical bounce and help from outside markets, strong soybean exports. LC made new highs for the move on higher cash and cutouts. Michelle Rook talks to John Heinberg of Total Farm Marketing.
From rate hikes to global recession fears to pathetic exports, many issues softened the grain markets this week. Gulke Group’s Jamie Wasemiller shares his analysis.
Pro Farmer estimates the U.S. corn crop at 13.759 billion bushels, with an average yield of 168.1 bu. per acre, and the U.S. soybean crop at 4.535 billion bushels, with an average yield of 51.7 bu. per acre.
With the price premiums for war, trade distortion, demand destruction and weather fully discounted in the July price collapse, it suggests the stars are still aligned for more fireworks.
The dramatic development of the U.S. renewable diesel industry is similar to how ethanol changed the U.S. corn industry. But it could be more even disruptive.
Pro Farmer estimates the U.S. corn crop at 15.116 billion bu. with an average yield of 177.0 bu. per acre. We estimate the U.S. soybean crop at 4.436 billion bu. on a national average yield of 51.2 bu. per acre.
Pro Farmer's National Estimates reflect Pro Farmer's view on production and yields. The estimates will be released at 1:30 p.m. CT in a special live event.
Tune in for coverage of the last day of coverage with scouts sampling fields in Iowa and Minnesota. Results for these states will be unveiled at 8:00 p.m. CT.
Watch this live broadcast as Tour leaders and scouts comment on what they found on routes through Illinois and western Iowa, with results unveiled at 8:00 p.m. CT.
Futures exchange operator CME Group Inc said on Tuesday it will not reopen the physical trading pits which it closed last March due to the COVID-19 pandemic.