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Headlines continue to flow out of DC on tariffs Ag Outlook going forward Don't play off of headlines Drought monitor New lows in wheat Commercial beef production from ag outlook
On Thursday's AOA, powered by Cenex Ruby Fieldmaster, we start the show talking tariffs and Ag Outlook forum impacts on the markets with Mike Zuzolo from Global Commodity Analytics. In Segment Two, we discuss the divisive issue of eminent domain and CO2 pipelines in South Dakota with Scott VanderWal, President of the South Dakota Farm Bureau. Next up in Segment Three, we discuss the potential U.S. cotton acreage outlook along with the world cotton outlook with Dr. Jody Campiche, Vice President Economics and Policy Analysis - National Cotton Council. Then we close the show in Segment Four learning about a new fed cattle grid pricing system with Tom Brink, CEO of the Red Angus Association of America.
Get the latest outlook on the grain markets for 2025 from the Mid America Ag Network.
Get the latest outlook on the livestock markets for 2025 from the Mid America Ag Network.
Walt Duflock is a 5th generation California farmer (cattle, wine grapes, leafy greens), 30-year Silicon Valley startup veteran (eBay and 3 other acquisitions), and 7 years as an AgTech Innovation leader at SVG-THRIVE and Western Growers (where he's focused on solutions for labor, water, and food safety) — This episode is presented by Corteva Agriscience. Learn more HERE. — Links Western Growers - https://www.wga.com Walt on Linkedin - https://www.linkedin.com/in/waltduflock/ CA Ag Labor Deck - https://www.linkedin.com/posts/waltduflock_agtech-ecosystem-california-has-a-large-activity-7271332885318512640-eP9S?utm_source=share&utm_medium=member_desktop Join the Co-op - https://themodernacre.supercast.com Subscribe to the Newsletter - https://themodernacre.substack.com
The 2025 Wisconsin Agricultural Outlook Forum is set to bring fresh insights and dynamic conversations to Wisconsin's agricultural community. Hosted by the Renk Agribusiness Institute, the forum will take place on Tuesday, January 21, from 10:00 a.m. to 4:00 p.m. in Varsity Hall at Union South, UW–Madison. The event's theme, “Wisconsin Agriculture Under a Second Trump Presidency,” reflects timely discussions about the changing landscape of agriculture under new leadership. “This year, we're stepping away from traditional formats,” said Dr. Paul Mitchell, coordinator of the event. “Attendees can expect engaging conversations, not just charts and graphs.” The morning kicks off with expert presentations on Wisconsin's farm economy. Specialists from UW–Madison College of Agricultural and Life Sciences, UW–Madison Division of Extension, and industry leaders will discuss the state of dairy, grain, livestock, and farm income. Key insights from The Contribution of Agriculture to the Wisconsin Economy report will also be shared. The afternoon session transitions to interactive panels focused on macro and local agricultural impacts. Topics include: Trade and Tariffs: How trade policies could evolve. Labor and Deportations: Challenges for agricultural labor. Bioenergy Policies and Conservation Programs: Potential policy changes. The Next Farm Bill: What might lie ahead. “Instead of lengthy presentations, we're prioritizing dialogue between panelists and the audience,” added Dr. Mitchell. “We want everyone to leave with a deeper understanding of what's coming and how to prepare.” See omnystudio.com/listener for privacy information.
This Farm Talk segment is brought to you by North Dakota Corn. A group of roughly 30 individuals recently took part in the Ag Outlook Tour. The group toured various ag facilities in the Jamestown area. We spoke with farmer Mike Clemens about the event. See omnystudio.com/listener for privacy information.
USDA Chief Economist Seth Meyer talked about the state of the ag economy and the headwinds it faces in 2024. During his speech at the 100th Annual Ag Outlook Meeting, he said there are challenges ahead.
Grain Market Futures Sharing the Facts of Agriculture Warm and Dry Kansas 00:01:05 – Grain Market Futures: K-State grain economist Dan O'Brien kicks off today's show with this week's grain market outlook. He recaps a few key points from the Ag Outlook conference that are valuable to Kansas crop growers. Dan O'Brien on AgManager.info 00:12:05 – Sharing the Facts of Agriculture: Continuing the show is a keynote speaker from the Women Managing the Farm conference, Kim Bremmer. Kim talks about the importance of people in agriculture consistently sharing their story with others. 00:23:05 – Warm and Dry Kansas: Chip Redmond, K-State meteorologist, rounds out the show with a weather update. He says how Kansans should be expecting continued increased wildfire risk. Send comments, questions or requests for copies of past programs to ksrenews@ksu.edu. Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Shelby Varner and distributed to radio stations throughout Kansas and as a daily podcast. K‑State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K‑State campus in Manhattan
2/16/24 Ag Outlook and the markets Dollar in the trade Workings of this market with cheap grains from other countries
This week marked USDA's 100th Annual Ag Outlook Forum, which brings together the industry's leading economists for a look at the financial picture for the upcoming year. USDA Chief Economist Seth Meyer joins Agri-Pulse Newsmakers to discuss the projections he offered to kick off the meeting and take a look at the overall health of the farm economy. Then, economists Mac Marshall with the United Soybean Board and Krista Swanson with the National Corn Growers Association offer their thoughts on the upcoming growing season for their respective commodities and what major factors they see influencing the ag economy.Want to receive Newsmakers in your inbox every week? Sign up! http://eepurl.com/hTgSAD
Thursday's First Hour: We get to know Iowa State University's new swine specialist, Ashley Englin, and her background growing up in Northwest Iowa and the programs she's getting her hands on right away at ISU. Don Roose from U.S. Commodities informs us what's going on at USDA's Outlook Forum bringing grain markets lower today. And we catch up with Iowa Hawkeyes play-by-play voice Gary Dolphin about the importance of Iowa Corn Growers Associations sponsorship of the Cy-Hawk Series and how it brings the message of corn farmers to consumers.
World Agricultural Outlook Board Chair Mark Jekanowski talks about sessions opening up the 100th USDA Agricultural Outlook Forum on February 15th. See omnystudio.com/listener for privacy information.
Ag Outlook from the Mid America Ag Network - Livestock
Ag Outlook from the Mid America Ag Network - Grains
Past American Soybean Association Chairman and local farmer Ron Moore joined the WRAM Morning Show to discuss the recent winter weather's impact on agriculture, and supply and demand reports.
The USDA's 100th annual Ag Outlook Forum is set for February 15-16 in Arlington, Virginia, and the ag equipment market began a downward trend last year and dealers worry 2024 might be their roughest year since COVID.
We catch up with Adam Rabinowitz and recap the 2023 Alabama Extension AgOutlook Conference held in Montgomery on Dec. 13.Check out Alabama Ag Credit and Alabama Farmers Federation.
The outlook for the agricultural economy in 2024 is slightly less optimistic compared to the outlook for 2023. According to Chad Hart, a professor at Iowa State University, the prospects for the upcoming year are not entirely bleak. He suggests that it could be a situation of things reverting to a more typical or normal state.
The 100th USDA Agricultural Outlook Forum now has registration open for both its in person and virtual events February 15th and 16th of next year.See omnystudio.com/listener for privacy information.
Hosts Cameron Horine and Adam Jones discuss crop protection and adjuvants with MFA's Sr. Director of Seed & Crop Protection Jordan Tomlinson, and Crop Protection Product Specialist Taylor Dennigmann. Jordan gives an industry outlook on product availability and price trends. Taylor specializes in adjuvants and micronutrients. She recently created a short explainer video that goes over the difference between types of adjuvants and just how to best use them. There is also a printed guide available for download on MFA's Crop Protection page. Check out the podcast at the links below, also now available on iHeart Radio. Note: the Apple Podcast link is free of interruption from outside ads. Issue 55 Adjuvants and a 2024 crop protection supply outlook. The Made for Agriculture podcast
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Panelists- Curt Kimmel, AgMarket.net- Greg Johnson, TGM TotalGrainMarketing.com- Wayne Nelson, AgMarket.net- Mike Zuzolo, GlobalCommResearch.com ★ Support this podcast ★
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Panelists - Dave Chatterton, SFarmMarketing.com - Merrill Crowley, AgTraderTalk.com - Ellen Dearden, AgReview - Chip Nellinger, BlueReefInc.com - Chuck Shelby, RMCommodities.com ★ Support this podcast ★
This week on AgweekTV, we hear expert analysis of the USDA's Ag Outlook Forum. We'll visit a shorthorn ranch and a hatchery. And we'll meet a woman who's helping folks get fit on the farm.
This week, Will and Ben look at the Russian Ukrainian war's impact on markets as it enters year two.-----Market recap (changes on week): - March corn down $.39 at $6.38 - December 2023 corn down $.22 at $5.72 - March soybeans down $.40 at $15.00- November soybeans down $.35 at $13.61- March soybean oil down 2.09 cents at 59.81 cents/lb- March soybean meal up $4.70 at $491.10/short ton- March wheat down $.65 at $6.92- July wheat down $.57 at $7.15- June WTI Crude Oil up $.97 at $77.53/barrel Weekly highlights:- US ethanol production was up 5 million gallons week over week and brought production volumes above 300 million gallons on the week once again. It was also a strong week for gasoline demand with the highest volumes of the calendar year so far. - Ag export sales last week were down week over week for corn- extending a three-week trend- soybean meal and oil, and grain sorghum. However, volumes were up week over week for soybeans and wheat. All were within trade expectations. - At USDA's Ag Outlook forum last week- the agency released expectations for 2023. Corn acreage was estimated at 91 million, soybeans at 87.5 million and wheat at a seven year high of 49.5 million. Corn price falls $1.10 year over year, soybeans down $1.40 and wheat down $0.50. - USDA reported that there were 11.7 million cattle on feed last Friday, down from 4% the year prior- in line with analyst expectations. - We get state stories today but yesterday's report from Kansas showed that winter wheat in that state was 51% combined poor or very poor. - Ag exports last week were mixed. Down week over week for corn and soybeans but up week over week for grain sorghum and wheat. For soybeans, this was the lowest volume since early October. The corn export deficit grew another 18 million bushels on the week. Topics:- Market recap- Russian/Ukrainian war reaches one year- Ethanol and biofuels market expectations- Reports to watch-----Find more agriculture news: brownfieldagnews.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The USDA Says to Expect Grain Price Decreases United States' Precision Agriculture Adoption Storms Are Brewing for Kansas 00:01:10 — The USDA Says to Expect Grain Price Decreases : This Friday's show begins with our grain market update for the week from K-State grain economist, Dan O'Brien, and senior economist with the International Grains Program, Guy Allen. Dan and Guy share insight on acres and pricing anticipated for the year ahead from information they have gleaned from USDA experts in Washington D.C. this week at the USDA's 99th Agricultural Outlook Forum. They say to anticipate price drops in all crops later this year. The latest from Dan on AgManager 00:12:15 — United States' Precision Agricutlure Adoption: K-State precision agriculture economist, Terry Griffin, joins us for a conversation on the rate at which technology in the world of precision agriculture is being adopted by producers. Terry highlights the more widely used tools and describes the benefits and costs with implementing these types of technologies. Precision Agriculture Report on AgManager 00:23:08 — Storms Are Brewing for Kansas: We end with this week's agricultural weather report from K-State meteorologist, Chip Redmond. Chip explains the 53 degree swing we experienced overnight in parts of the state on Wednesday of this past week, and the importance of having severe weather plans in place for a few systems we are anticipating in the week ahead. Send comments, questions, or requests for copies of past programs to ksrenews@ksu.edu. Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Samantha Bennett and distributed to radio stations throughout Kansas and as a daily podcast. K‑State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K-State campus in Manhattan.
COFIMEX. USDA _ Foro Agricola Ciclo 2023/2024. Comentarios Generales del Mercado 23_02_2023 Maíz: Números de oferta y demanda de EE. UU. 2023/24 #corn de Ag Outlook del USDA. #Ethanol uso plano, precios agrícolas hacia abajo, pero todos los demás números por encima del año pasado, algunos más que otros. Lo he dicho antes, sé que hay una fórmula y todo, pero no me gusta los 181.5 bpa como rendimiento de tendencia. Demasiado alto. Soya: #soybeans 2023/24 S&D del Ag Outlook Forum del USDA. Acres sin cambios en el año, pero se espera una cosecha récord con fuertes rendimientos. Récord en la molienda de soya, con exportaciones decentes. El 6.5% de existencias/uso finales es un poco más espacioso que recientemente, pero no demasiado. Trigo: #wheat 2023/24 S&D del Ag Outlook Forum del USDA. Los acres aumentan significativamente, el rendimiento vuelve a los máximos de 3 años y la producción se recupera. Exportaciones a máximos de 3 años. Las existencias/uso finales parecen altas, pero ese número está por debajo del promedio.
Today, DeLoss Jahnke has a conversation w/Dr. Bill Tierney, Chief Economist with Ag Resources. He shares his reaction to USDA's Ag Outlook forum. In our weeklyGROWMARK segment, Dr. Jeff Bunting talks changes to Dicamba rules. Rita Frazer reports with results from today's Illinois Performance tested bull sale.
Thanks for joining us folks. Today Chief and I talk about the wet spring, the hot fall, the lack of water in early season and what exactly is going on with all these hazelnuts. Really appreciate everyone listening, and dont forget to follow us on IG and Facebook!
7-26-22 AJ DailyGetting Ducks in a RowAdapted from an article by Christpoher Dhanraj, CliftonLarsonAllen LLP In-Person Farmfest Offers Livestreamed Forums on the Farm Bill, Ag Outlook and More Adapted from a release by the American Farm Bureau Federation Cattle Industry Summer Business Meeting Begins Today in Reno Adapted from a release by the National Cattlemen's Beef Association Compiled by Heather Lassen, editorial proofreader. For more Angus news, visit angusjournal.net.
USMEF Economist Details Logistics Challenges at USDA Ag Outlook Forum
From the geo-political trade causing some market volatility, to the weather & Ag Outlook acre numbers, this week's trade kept everyone on their toes. Hear from Shawn Hackett with Hackett Financial & Darren Frye with Water Street Solutions as they dive into the moves this week.
2-14-22 AJ DailyChallenges and Costs of Keeping BullsAdapted from an article by Heather Smith Thomas for Angus Beef Bulletin Industry and International Leaders Optimistic for the Future of U.S. Cattle and Beef IndustryAdapted from a release by National Cattlemen's Beef Association Bird Flu Update Adapted from a report by Len Steiner, Steiner Consulting Group Supply Chain Resilience Featured at the 2022 USDA Ag Outlook Forum Adapted from a release by the USDA Compiled by Paige Nelson, field editor, Angus Journal. For more Angus news, visit angusjournal.net.
On this episode, live from the Concept AgriTek dealer meeting in Charleston, Missouri, Zach Norgaard, Nick Wenning and Jamie Strickland discuss their outlook for the ag industry ahead of the 2022 planting season. U.S. Transportation Secretary Pete Buttigieg discusses the Biden-Harris administration's strategy for bringing electric vehicle infrastructure to rural America, and Ohio Farm Bureau member Lisa Strickland talks about a project benefiting food insecure citizens in her community. Lance Todd, manager of the Lester F. Larsen Tractor Test and Power Museum in Lincoln, Nebraska, talks about the museum's history, as well as upcoming projects. Jesse Allen and Mike Zuzulo break down the February WASDE report in our Market Talk segment and Ray Bohacz is talking cetane in this week's installment of “Bushels and Cents.” The episode also features the music of Rob Aldridge and the Proponents. Timestamps Intro and news, 0:00 Goatlifeclothing.com advertisement: 5:56 Zach Norgaard: 6:16 Nick Wenning: 10:07 Jamie Strickland: 15:45 Pete Buttigieg, U.S. Department of Transportation: 26:04 Lisa Musselman, Ohio Farm Bureau: 35:32 Lance Todd, the Lester F. Larsen Tractor Test and Power Museum: 42:02 Jesse Allen, Market Talk: 46:46 Ray Bohacz, “Bushels and Cents”: 52:33 Gateway Seed Co. advertisement: 53:58 Rob Aldridge: 54:29
The 2022 edition of the Mid America Ag Network Ag Outlook, that features information about livestock is available. The Ag Outlook is sponsored by: Linda's Insurance, Marysville Livestock, Prairie Valley Veterinary, Bremen Farmers Mutual Insurance, Performance Ag, Pony Express Vet Clinic, and United Bank & Trust.
The 2022 edition of the Mid America Ag Network Ag Outlook, that features information about grains is available. The Ag Outlook is sponsored by: Linda's Insurance, Marysville Livestock, Prairie Valley Veterinary, Bremen Farmers Mutual Insurance, Performance Ag, Pony Express Vet Clinic, and United Bank & Trust.
Inside Agriculture Segment 1
It's been another challenging year for New Mexico's farmers and ranchers, who have experienced drought and, in some places, extreme precipitation events. New Mexico Department of Agriculture Secretary Jeff Witte spoke with environment reporter Laura Paskus about conditions and what they mean for farmers, as well as consumers. Witte also talks about how what's happening in the Colorado River Basin, cannabis, climate change, and the “highest and best” uses of water in the arid Southwest. New Mexico's premiere fall event is just days away, and we now know there will not be a vaccination requirement to attend this year's International Balloon Fiesta. Governor Michelle Lujan Grisham's administration expressed disappointment over the lack of a vaccine requirement, but Fiesta officials say they are following all CDC guidelines, including social distancing and mask mandates indoors as well as outdoors in large crowds. The Line opinion panel reacts to the decision and discusses how it might set a precedent for other high-profile events in the coming weeks and months. Plus, we catch up with the chairman of the Citizen Redistricting Committee (CRC), former Supreme Court Justice Edward Chavez, to find out how the once a decade process is going so far, and what comes next. Also joining host Gene Grant are Brian Sanderoff of Research and Polling Inc. and Lilly Irvin-Vitela, the Community Liaison for the CRC. Guests: Jeff Witte, New Mexico Agriculture Department Secretary Line Panel: Tom Garrity, The Garrity Group Martha Burk, political psychologist and author of “Your Voice, Your Vote” Serge Martinez, UNM Law School
Call numbers at the WI Farm Center have more than doubled since December according to Dan Bauer, Program Specialist with the WI Department of Ag., Trade and Consumer Protection. Pam talks with him about what callers are requesting, and how they help. Wisconsin's wolf harvest is teed up to begin on February 22nd, and hunters and trappers are applying for permits now. Litigation is also pending to try and stop the harvest. Meanwhile 5 lucky elk hunters are coming off the state's lottery WINNERS! Josh gives us an update on that hunt. Today is the beginning of USDA's Ag Outlook forum in Washington, D.C.. Cody Koster from Rice Dairy/Ever Ag in Chicago joins us as a guest with his read on the reports. See omnystudio.com/listener for privacy information.
USDA Chief Economist Seth Meyer says the 2021 agricultural outlook is "positive" but with "uncertainties." USDA's Outlook Forum was held 'virtually' for the first time ever last week. See omnystudio.com/listener for privacy information.
On this Friday episode of the My Ag Life Daily News Report, Sabrina Halvorson talks with Tricia Sheehan of Dairy Management Inc. about animal activists and what a farmer should do if confronted by an activist group. We also talk about how to handle misinformation and misrepresentation on social media. U.C. Davis assistant professor Dr. Cristina Lazcano shares her research into healthy soil for vineyards.
2-19-21 • Beans tried to hold together in the trade today • Corn has struggled • Killing time is the market feel • Wheat market is like a pendulum • Ag Outlook forum • Cattle could see some box beef cutouts peak this week • Weather concerns for livestock trade?
Soybeans Acres announced at 90 million Carryout anticipated tightness continues Corn Acres announced to eclipse 92 million Grain Prices still reflect tight carryout throughout 2021/22 year Don’t forget to register for our virtual Spring Seminar, April 27 & 28! Host: Michael Caughlan, President & CEO Expert: Craig Ruffolo – Commodity Specialist
Inside Agriculture Segment 1
We've hit 180 Podcast Episodes! Matt, Kolt and Dusty host today, while Dusty talks about the Ag Outlook Conference Last week. He has a series of interviews from the conference with (in no particular order) Ben Brown, Dr. Ani Katchova, Blake Hudan, and Brent Sohngen. And Matt has an interview with Chris Penrose on winter grazing. Find more online at ocj.com!
Moderator: Chris Clayton Panelists include: Mary Kay Thatcher, Syngenta Chandler Goule, National Association of Wheat Growers Tara Smith, Crop Insurance & Reinsurance Bureau
Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook, which includes information from USDA’s June World Ag Supply & Demand (WASDE) report along with updated profitability estimates for corn and soybeans. The podcast also addressed questions regarding eligibility for and assistance provided by USDA's CFAP program.
Purdue agricultural economists Michael Langemeier and James Mintert provide updated information from USDA’s May World Ag Supply & Demand Estimates (WASDE) release along with updated profitability estimates for corn and soybeans as a result of the COVID-19 global pandemic.
Trade is hugely important to U.S. agriculture. In late February, U.S. Department of Agriculture chief economist Robert Johansson said U.S. agricultural exports will top $139.5 billion in 2020.With ongoing trade tensions with China and growing concerns about the economic impact of a potential global coronavirus pandemic, the outlook for U.S. ag trade may be more uncertain than the numbers suggest. One USDA leader, however, is plenty bullish on the prospect of a return to growth in U.S. ag sales abroad.On the sidelines of the USDA Ag Outlook Forum in late February, Feedstuffs policy editor Jacqui Fatka caught up with USDA undersecretary for trade and foreign ag affairs Ted McKinney. With his stated goal of reaching the "million-mile club" in flying around the world to promote U.S. agricultural products as context, McKinney offered an update on recent trade deals including USMCA, Japan and the Phase One agreement with China.For more information on this and other stories, visit Feedstuffs online.Follow Feedstuffs on Twitter @Feedstuffs, or join the conversation via Facebook.
The projected export numbers to China fall far short of the trade agreement.
In this episode, join FBN CEO Amol Deshpande for a conversation with our panel of ag market experts as they discuss weather impacts, global trade, and what to expect from the markets this season. Panelists: Kevin McNew, PhD, FBN Chief Economist Stephen Byrne, Equity Analyst, Bank of America Jeffrey Doran, Senior Business Meteorologist, Planalytics Have questions you want us to answer on the next episode? Send them to social@farmersbusinessnetwork.com, and we'll answer them in an upcoming podcast episode. We're keeping Farmers First®. Learn more about FBN Cash Grain Management: https://use.farmersbusinessnetwork.com/cash-grain-management FBN Advisory services are offered by FBN BR LLC, dba FBN Brokerage and FBN Advisory NFA ID: 0508695 Read our Risk Disclosure and Privacy Policy. The risk of trading futures and options can be substantial and may not be suitable for all investors. All information, publications, and reports, including this specific material, used and distributed by FBN BR LLC shall be construed as a solicitation. FBN BR LLC does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71. Past performance is not necessarily indicative of future results.
The government shutdown postponed the official bad news for Wisconsin dairy operations. The state saw milk prices erode again in December, while Wisconsin milk production actually went up. Fewer cows - more milk. Today is the beginning of USDA's Ag Outlook Forum and it could be the newsmaker the market's been looking for. Bryce Knorr - commodity analyst with Farm Futures magazine gives us some points to watch for. See omnystudio.com/listener for privacy information.
The Mid America Ag Network previews the 2019 Grain markets in this Ag Outlook preview special.
The Mid America Ag Network previews the 2019 Livestock markets in this Ag Outlook preview special.
Ag Outlook 2020: Long-Term Bearish and Short-Term Bullish Steve Johnson, farm management specialist with Iowa State University Aired: December 2016 Overall, 2017 will be another down year despite more record yields, with USDA-ERS data predicting about a 15 percent drop in farm incomes, says Steve Johnson, farm management specialist with Iowa State University. “As we enter the fourth year of depressed prices, successful farmers are watching their margins, paying attention to cash flow and cutting costs.” Listen now to hear Johnson’s specific recommendations for managing costs, marketing your crops and “overcoming your financial emotions” to make better decisions for your operation. Key Takeaways: 1. Proactively manage your costs. Tighten up your record keeping and do the acre-by-acre calculations necessary to determine your production costs. Use those numbers to make strong management decisions. 2. Leverage yields to maximize profits. Your own numbers are more relevant than USDA averages, so they should determine your fixed costs and the prices you need. As a farmer you have more control than you think —use it to make effective, informed decisions. 3. Manage your financial emotions. The key is to develop a plan that includes time and price objectives and an understanding of your cash flow needs. Don’t let your emotions stop you from taking a profit.
Farm Credit Canada presents its Ag Outlook for 2017. Also, we'll talk about the importance of Mexico as an importer of Canadian oats.