Risk Management

AEI report: Crop insurance proposal could hammer taxpayers

A new working paper from the American Enterprise Institute (AEI) suggests crop insurance provisions in the House version of the 2012 Farm Bill could end up costing taxpayers over $20 billion, far more than the Direct Payments program in the current bill. FULL STORY »

Biggest US ag lender says it will stand by drought-hit customers

The Farm Credit System, the largest single lender to U.S. agriculture, said on Wednesday it would meet the borrowing needs of rural America and stand by its customers challenged by the worst drought in more than half a century. FULL STORY »

Profit Tracker: Pork producer losses mount

Pork producer margins are headed in the wrong direction; meanwhile packers are gaining ground. Losses for farrow-to-finish producers more than doubled in a week, according to Sterling Marketing, Vale, Ore. For the week ending Sept. 7, producers lost an average $29.01 per head. FULL STORY »

CME: USDA report to reveal harvested acres of corn, soybeans

USDA will release its latest estimate of U.S. and world agricultural output and usage on Wednesday at 7:30 a.m. CDT when its monthly Crop Production and World Agricultural Supply and Demand Estimates (WASDE) are released. FULL STORY »

Profit Tracker: Producer margins turn red

Although profitability has been tightening on a weekly basis, driven by the drought-induced grain price rally, pork producer margins have dropped into the red. According to Sterling Marketing, farrow-to-finish margins averaged a negative $13.25 on the week ending Aug. 31. That compares to the previous week at a profit of $4.48 per head. FULL STORY »

Create a mindset for success

It’s 2 a.m on a Saturday morning. You awake in a panic. Your body is pulsing with electric jolts and your mind is racing uncontrollably! It is at this quiet, undisturbed hour of the early morning that it hits you: am I where I want to be in life? Did I meet my professional and personal goals? You close your eyes and the image of who you imaged yourself to be is vivid again. This image is so powerful that you awaken the next morning energized, ready to make this dream a reality! How do you continue to achieve your life goals? What is needed to create a mindset for success? FULL STORY »

Net farm income to reach record highs

High crop prices and crop insurance payouts will drive U.S. net farm income to over $122 billion for 2012, according to a new report from USDA’s Economic Research Service (ERS). Income from livestock also will post a year-to-year increase, tempered by dramatically higher input costs. FULL STORY »

Profit Tracker: Producer margins drop, packers gain

Further erosion of market hog prices dropped pork producer margins by more than $10 per head on the week ending Aug. 24. Meanwhile, packers gained ground. FULL STORY »

ADM offers services to help deal with challenging conditions

At this week’s Farm Progress Show, Archer Daniels Midland Company will debut new offerings to keep farmers informed and to speed up crop insurance payments. FULL STORY »

Current farmland prices in line with returns, interest rates

Farmland prices continue to increase. U.S. Department of Agriculture (USDA) estimates the average 2012 Illinois farmland price at $6,800 per acre, 17 percent higher than the $5,800 price in 2011. FULL STORY »

Farms prepare year-end financial plan now to avoid problems later

With current commodity prices at record levels and crop yields still uncertain, 2012 will be a year where farmers will want to do some early year-end financial planning. FULL STORY »

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OptiPhos 1000

OptiPhos 1000,OptiPhos 1000 PF, a phytase, will increase the digestibility of phytic-bound phosphorus in poultry and swine rations. OptiPhos will ... Read More

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