Once combines are shedded for fall 2014, it's likely that corn growers will turn to pencil and paper to begin calculating how they can bring home a profit in 2015. Current expert projections are that 2015 corn will cost some $4.50 per bushel to grow and today's price projection for 2015 corn commodities is near $4.00 per bushel. Read more on Producer's website!
TUESDAY, July 31, 2012 - The price of corn has soared during recent weeks as extremely hot and dry weather bakes states in the Midwest. Corn futures surged almost 22 cents on Monday to $8.20 per bushel, near the all-time high of $8.24½ hit on July 20. Investors are worried the U.S. drought will ravage crops. That has pushed corn up 27% this year and stirred fears of higher food prices.
Since mid-November, China has turned away 1.45 million metric tons of U.S. corn because of the presence of unapproved Syngenta GMO varieties. The rejections have depressed U.S. corn prices by an estimated 11 cents per bushel, accounting for projected losses of $1.14 billion for U.S. corn farmers for the last nine months of the marketing year that ends on August 31. http://www.rawstory.com/rs/2014/04/17/chinas-ban-on-gmo-corn-costs-us-up-to-2-9-billion-grain-association-says/
Subtracting total costs, we see no-till had net revenues of $190.32 and conventional tillage had net revenues of $91.28/acre. Our no-till farmer was 52% more profitable than his conventional tilling peer. Another way to look at these numbers is to consider the cost per bushel of production. It cost the no-till farmer $4.03 to produce one bushel of corn, and the conventional tiller $4.52 to produce a bushel. That gives the no-tiller more of a cushion to remain profitable if prices drop.
Broward home, condo prices rise again. The prices of these properties feel in the crash of 2008. For years afterword prices remained low. In 2013 prices started to rise again. This turned out to be the housing recovery. Homes and condos have been gaining since. Just recently the prices of homes and condos rose again. http://westonanddavie.com/2014/03/20/broward-home-condo-prices-rise-again/
Avoid Fillers. Corn and grains can be used as “fillers” to add substance to dog food but no nutrition. Corn, especially is terrible. Dogs cannot digest it and nowadays it is probably GMO corn, which is just plain bad. Buy corn-free instead.
Agriculture Apps: Type of Crop: Corn, Soybeans, Milo or Wheat Field Type: Dryland or Irrigated Production Cost Inputs: Including Number of Acres, Insurance %, APH Yied, Ins. Yield and many, many more Sales History: Track each sale by Date, Bushels sold, Cash price, Delivery period, buyer Profit and Loss: Factor in Basis, Offset, and Contract plus your historical sales information and cost inputs to help you make informed decisions about your grain marketing.
Oil and corn don’t mix well, particularly in an election year, as was evidenced this month when the petroleum and ethanol industries came out swinging on the virtues and sins of the corn-based gasoline additive.