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Monthly Fertilizer Prices: Spring 2014 with Comparisons to 2009 through 2013 (4/15/2014)
Fertilizer prices have been increasing in recent months; however, per acre fertilizer costs should be lower in 2014 than in recent years. Prices suggest fertilizer costs for corn of $150 per acre in 2014, compared to costs near $200 per acre in 2012 and 2013. Read the FEFO...
Corn Consumption Continues to Exceed Projections (4/14/2014)
The USDA's WASDE report released on April 9 projected corn stocks at the end of the current marketing year at 1.331 billion bushels. The projection of year ending stocks has declined for five consecutive months and is now 556 million bushels smaller than the November 2013 projection. Compared to consumption projections made in November, current projections are 100 million bushels larger for corn used for ethanol production, 350 million bushels larger for exports, and 100 million bushels larger for feed and residual use. There have been minor changes in the estimate of stocks at the beginning of the marketing year, the projection of imports, and the projection of other domestic consumption. More...
Causes of High U.S. Corn Yields: Evaluation of County Yields (3/25/2014)
An evaluation of county yields for years between 2004 through 2013 suggests that corn yields have to be above average across the vast majority of the corn-belt counties for the U.S. to have a corn yield significantly above trend. Similarly, county yields in the majority of corn-belt counties have to be below average for the U.S. yield to be significantly below trend. Read the FEFO...
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