On Monday morning’s Coffee and Grain Zoom, Dr. Seungki Lee (Assistant Professor in the Department of Agricultural, Environmental, and Development Economics) discussed the grain market outlook and the new crop prospects based on the USDA February World Agricultural Supply and Demand Estimates (WASDE) report. In all three major crops – corn, soybean, and wheat, strong prices are projected in the 2022/2023 market mainly due to the tight supply. Additionally, Brazil was singled out as its production can swing both the 2022/2023 and 2023/2024 commodity markets.
Join Defiance and Paulding County OSU Extension in Jewel, Ohio for the next Ag Outlook meeting on Tuesday, February 14 from 5:30 – 9:00 PM at the Jewell Community Center, 7900 Independence Rd., Defiance, OH 43512.
Commodity Grain Market Outlook, Seugnki Lee, PhD., Ohio State University, Department of Agricultural, Environmental and Development Economics
Long-Term Care: Is the Farm at Risk? — Robert Moore, JD., OSU Extension, Attorney, OSU Agricultural & Resource Law Program
2023 Weather Outlook – Aaron Wilson, PhD., OSU Extension, Assistant Professor and Field Specialist, Ag Weather, and Climate
Registration is preferred online @ https://go.osu.edu/23DefianceOutlook or call the Defiance County Extension office at 419-782-4771
RSVP by February 13. NO LATE REGISTRATIONS.
CCA Credits Applied For and the Cost: $10.00/person
This month’s Farm Office Live will be held on March 16th, from 7 – 8:30 pm, and again on March 18th from 10 – 11:30 am. The Farm Office Team provides the latest outlook and updates on ag law, farm management, ag economics, farm business analysis, and other issues dealt with in your farm office. Targeted to farmers and agribusiness stakeholders, our specialists digest the latest news and information and present it in an easy-to-understand format. To sign up for the webinar (and if you can’t attend the recording link) go to go.osu.edu/farmofficelive.
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.
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.