In this week’s grain marketing update Assistant Professor of Professional Practice in Agricultural Risk Management Ben Brown covers the updated supply and demand estimates from USDA, corn used for ethanol and the potential to see elevated corn exports moving forward.
By: Todd Hubbs, Department of Agricultural and Consumer Economics University of Illinois
Previously published by Farmdoc Daily
We have reached the time of the year where speculation about acreage for the 2019 crops begins in earnest. While the
number of acres planted to soybeans appears set to decrease, current projections indicate an intention to plant significantly more acres than necessary to reach break-even prices in Illinois under current consumption and stock level forecasts. Continue reading
Do you want to do a better job of pricing your corn and soybeans? Is grain marketing a confusing and daunting task? If so, this workshop is for you!
Ohio State University Extension is offering a three-session workshop focused on helping farmers become better grain marketers. Participants will have a better understanding of risk, marketing tools, and the development of written marketing plans. These workshops are funded through a North Central Risk Management Education Grant and being offered in six locations throughout Ohio. Additional information can be found at http://go.osu.edu/grainplan.