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2013 Crop Insurance Projected Prices, Volatilities and Harvest Price Impacts

2013-02-01 21:45:00| Corn & Soybean Digest

Source: University of Illinois farmdocDaily The Risk Management Agency (RMA) "resets" various features of the crop insurance programs annually to reflect the market's estimate of the value of crops intended for production in the current year. Among the most important factors are projected prices, volatility factors and harvest prices. Projected prices directly determine the insurable value of production, and thus impact premiums as well. The volatility factor is a measure of the price risk the market associates with potential price changes in the production year, and thus directly impacts the calculated costs of insurance. Finally, the harvest price has the potential to increase the amount of insurance coverage in effect if prices increase between the end of the projected price discovery period and the harvest price determination period. read more

Tags: price prices insurance projected

 

Will There be Enough Corn to Last Until the Next Harvest?

2013-01-31 20:38:00| Corn & Soybean Digest

Source: Farmgate blog Last week a Missouri ethanol refinery, operated by POET, announced it was suspending production because of the inability to find enough corn. Others may have taken the same action, but the reason may not have been as pronounced. There is no surprise about spot shortages of corn following the drought of 2012, and more will be identified as the marketing year progresses. In fact, the low yields of central Illinois prevented sufficient supplies to larger ethanol plants, which have purchased trainloads of corn from higher-yield areas in Minnesota and the Dakotas. read more

Tags: the next until corn

 
 

VIDEO: Spanish olive harvest down by 80%

2013-01-29 13:00:31| BBC News | Business | UK Edition

Olive farmers in Spain, the world's largest olive oil producer, say their 2012 harvest was down by 80%.

Tags: video spanish olive harvest

 

Global Harvest: double output by 2050

2013-01-22 15:28:14| Agriculture - Topix.net

The chief executive officers of two of the nation's largest agricultural companies say the world's farmers must double their production of food between now and 2050 if the world's population is to avoid widespread famine.

Tags: global double output harvest

 

UZBEKISTAN: Forced labour "continuing" in 2012 cotton harvest

2013-01-22 12:57:00| Daily apparel & textile news and comment - from just-style.com

Governments should take action to help end forced and child labour in the Uzbek cotton fields, according to a new report by the Uzbek-German Forum for Human Rights.

Tags: forced continuing cotton labour

 

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