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Should you be selling new crop Corn? 10 steps to guide you

2013-02-19 23:54:00| Corn & Soybean Digest

New crop corn balance sheet numbers continue to paint a vividly bearish picture and the bulls are getting more and more concerned. Several analysts, banks and traders are throwing their hats in the ring in regard to new crop corn balance sheet estimates. The bottom-line is that even an "average" crop is going to produce a huge carry, and ultimately weigh on prices. Those not wanting to price any new-crop bushels are essentially betting on another catastrophic growing season. Below is a very simply and elementary overview of what traders are being forced to consider. Follow along and run your own estimates: Grain Market Viewpoint read more

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Crop Insurance Deadline is March 15

2013-02-19 23:04:00| Corn & Soybean Digest

March 15 is the deadline to purchase crop insurance for the 2013 crop year. A good crop insurance program is a key part of a solid risk-management plan for a farm business. Farm operators are encouraged to discuss the Common Crop Insurance Policy (COMBO) insurance options, as well as other 2013 crop insurance needs and options with their crop insurance agent before the deadline.Focus on Ag read more

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Which drought-hit US states suffered the worst crop damage?

2013-02-18 11:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The searing U.S. drought of 2012 devastated the nations corn crop, pushing yields down in some states to their lowest levels in nearly 30 years. According to recently-released numbers from the U.S. Department of Agriculture (USDA), Missouri, Illinois and Indiana were among the hardest hit Corn Belt states, with yields at 28-, 26-, and 22-year lows, respectively. To put the severity and impact of the 2012 U.S. drought in context, the top 10 hardest-hit states for crop damage are illustrated in...

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India: Delayed rain in India has adverse impact on crop pattern

2013-02-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Times of India: The Friday rain turned the weather pleasant, but brought enough reasons for UP farmers to get worried. Late by an average seasonal trend, these rains are associated with the phenomenon of climate change marked by a shift in the onset of winter from last week of October to December. Besides, spells of dense fog seem a thing of past, though this year has been an exception. "Earlier, there was a long spell of dense fog and then mild winter rains had its impact on the crops", says Ram Avadh, gram...

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The top 10 hardest-hit states for crop damage

2013-02-15 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The searing U.S. drought of 2012 devastated the nation's corn crop, pushing yields down in some states to their lowest levels in nearly 30 years. According to recently-released numbers from the U.S. Department of Agriculture (USDA), Missouri, Illinois and Indiana were among the hardest hit Corn Belt states, with yields at 28-, 26-, and 22-year lows, respectively. To put the severity and impact of the 2012 U.S. drought in context, the top 10 hardest-hit states for crop damage are illustrated in...

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