Search
Displaying 1271 - 1280 of 7942
August 19, 2015
Risk Management Strategies
paid, before taxes.
AIPs netted $2.779 million in Assigned … Year
Poli-
ces
Earn
Prem-
ium
Net
Acre
s
Liabili-
ties
Total … Acre
s
Liabili-
ties
Total
Prem-
ium
Farm-
er
Paid
Prem-
ium
Indem-
nity
Loss …
August 1, 2021
Breakout Sessions
Assess farmer perceptions about the costs and benefits of adoption of conservation practices on‐farm. 3. Determine if perception gaps between adopters and non‐adopters exists for different conservation practices used in Kansas.
Motivation
… conservation practices on-farm and collect …
October 21, 2020
2020 K-State Crop Insurance Workshop Presentations
DIKEMANASSOCIATE DIRECTORKANSAS FARM MANAGEMENT ASSOCIATION
������� ��
����
�
� … carry forward (or 2-year farm carryback)o Paycheck Protection … many questions related to farm businesses
������� ��
����
�
� …
November 26, 2018
Grain Market Outlook
MY 2019/18 being up 6.7% (Table 1a). Harvested acreage for
“next crop” MY 2019/18 are projected to be up 8.8%, while ending stocks are forecast to decline by
approximately 20 million bushels, and ending stocks‐to‐use by 2%. The U.S. average farm price for “next crop”
MY 2019/20 are projected to be $0.10 per bushel higher, up to $5.20 per bushels.
B. Wheat Futures & Cash Market Trends Following the November 9th USDA Reports
Since the USDA’s November 9th Crop Production and World Agricultural Supply and Demand Estimates
(WASDE) report, CME DECEMBER 2018 Kansas Hard Red Winter (HRW) Wheat futures have traded lower. On
the day of the reports DEC 2018 Kansas HRW wheat futures opened at $4.96 ½ /bu, and traded in the range of
$4.87‐$4.96 ¾ before closing $0.09 ¾ lower to $4.87 ½. Since then, DEC 2018 HRW wheat futures have
trended lower, trading as high as $4.96 ¼ on November 12th but then trending down to a low of $4.68 on
November 21st, before closing at $4.69 /bu on that same day (Figure 1).
On November 21st – the 8th trading day after the USDA reports – Kansas cash wheat price terminal quotes
for ordinary U.S. no. 1 HRW in central Kansas ranged from $4.44 to $4.61 per bushel – with basis ranging from
$0.25 under to $0.08 under DEC 2018 futures. Cash wheat prices in eastern Kansas grain terminals ranged
from $4.24 to $4.44 with basis ranging from $0.45 under to $0.25 under DEC 2018 futures. These prices are
still up 20%‐24% from the range of $3.42 ¼ to $3.83 ¼ /bu in late December 2017 in eastern and central Kansas
– with basis at that time being from $0.80 under to $0.39 under nearby MARCH 2018 futures.
In western Kansas on November 21st bids for ordinary U.S. no. 1 HRW wheat at selected grain elevators
ranged from $4.19 to $4.29 /bu, with basis being $0.50 under to $0.40 under DEC 2018 futures. Recent wheat
cash price bids in western Kansas are up 17.9% to 20.7% from $3.47 to $3.64 /bu in late December 2017 in this
same area – when local basis varied from $0.85 under to $0.58 under MARCH 2018 futures.
A Hard White Wheat (HWW) grain terminal bid was available in Wichita, Kansas on 11/21/2018 for $4.59
/bu, with a basis of $0.10 /bu under DEC 2018 Kansas HRW wheat futures.
Page | 2
C. World Wheat Supply‐Demand – “Large supplies & supply‐demand balances”
The USDA in projects that the recent “large supply – large use” situation that has persisted for the global
wheat market since the last “supply‐demand” period in MY 2012/13 will continue (Figure 13). Viewed in
aggregate these World supply and use numbers do not bring light to periodic shortages of high protein wheat
that is problematic in World markets, the sizable wheat stocks held by China that are isolated from the World
wheat market and tend to distort World market perspectives, and declining stocks of wheat in major wheat
exporting countries in the last 1‐2 years. For example, there are regular, annual concerns from the Black Sea
Region about the amount of food versus feed quality wheat available for export on World markets this year.
World wheat production in “new crop” MY 2018/19 are projected to 733.51 million metric tons (mmt) is
the fourth highest amount on record – being down 3.9% from the record high 763.06 mmt in “old crop” MY
2017/18, down 3.0% from 756.61 mmt in MY 2016/17, and down 1.0% from 738.42 mmt in MY 2015/16
(Figure 13). Total production of World wheat has increased on average from 612.23 mmt in MY 2007/08 to
present levels at a rate of +11.0 mmt (+1.8% annually).
The supply‐demand balance of the World wheat market is function of several major World wheat
producing countries: These countries and regions in order of size (i.e., largest to smallest) are as follows:
1 …
May 16, 2022
Recent Videos
Copyright © 2017 Center for Farm Financial Management, University … reserved.
Launch Your Preharvest Marketing Plan
Developed by Ed Usset, University of Minnesota
Crop Marketing Risk Management in 2022
Copyright © 2017 Center for Farm Financial Management, University …
January 29, 2013
Macro and Global Economic Perspectives
Higher feed costs put tremendous pressure on livestock net incomes
• In 2013, the story will hinge on:
1 … Uncertainty of events outside of producers’ control
Will agriculture boom or bust in 2013?
While the drought dinged net farm incomes in
2012, incomes … ollars (Billions)
Inflation Adjusted U.S. Net Farm Income
20
12
F
USDA forecasts 2012
NFI to decline 5%
1/21/2013
3
Ending Stocks‐to‐Daily Use
Source: USDA PS&D Data
The 2012 drought made an already tight stock
situation even tighter.
0
20
40
60
80
100
120
19
90
19
92
19
94
19
96
19
98
20
00
20
02
20
04
20
06
20
08
20
10
20
12
Corn
0
50
100
150
200
250
300
350
19
90
19
92
19
94
19
96
19
98
20
00
20
02
20
04
20
06
20
08
20
10
20
12
Wheat
20 year average
0
20
40
60
80
100
120
19
90
19
92
19
94
19
96
19
98
20
00
20
02
20
04
20
06
20
08
20
10
20
12
SoybeansDays Available …
February 12, 2024
Ag Law Issues
it might look like for a farming operation:
A married couple … married couple operates a farming business as an LLC. The … wife works full-time off the farm and
does not participate …
August 15, 2025
Cattle Finishing Returns
Projected Kansas Feedlot Net Returns
Glynn Tonsor … article presents estimated net returns of cattle finishing … available. Currently, the net returns projected for closeouts …
September 15, 2025
Cattle Finishing Returns
Projected Kansas Feedlot Net Returns
Glynn Tonsor … article presents estimated net returns of cattle finishing … available. Currently, the net returns projected for closeouts …
March 11, 2021
Grain Marketing Presentations
State University
What U.S. Farming Expects in 2021…..
… U.S.
2
Soybean Markets
3
Since 2015 (6 years)
Since 1998 (23 years)
Ethanol Price, Cost & ProfitsISU Ethanol Plant Model (January 2005 – March 5, 2021)
3/5/21Net‐$0.12
3/5/21Price$1.67
3/5/21Cost$1.79
($0.50)
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Jan‐
05
Aug‐
05
Mar
‐06 …