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Expected Corn and Soybean Returns and Shifts in Acres (3/30/2015)
Expected corn minus soybean returns in 2015 were calculated for U.S. counties. These expected returns suggest that shifts to soybeans are more likely outside the Corn Belt. Moreover, expected 2015 returns suggest smaller acreage shifts than in other recent years. More...
March 1 Soybean Stocks Estimate to Be Overshadowed by Planting Intentions? (3/23/2015)
The USDA's estimate of December 1, 2014 stocks of U.S. soybeans was surprisingly small. Based on the estimated size of the 2014 crop and estimates of exports and domestic crush during the previous quarter, the stocks estimate implied a record large residual use of soybeans during the first quarter (September-November) of the 2014-15 marketing year. More...
Possible Per Acre Gross Revenues for Corn in 2015 in Central Illinois (3/17/2015)
Possible gross revenues for corn grown in 2015 are estimated for a Logan County, Illinois farm. The mid-point of 2015 gross revenue range is $828 per acre, $52 below the estimate of total costs for cash rent farmland of $880 per acre. Gross revenue is estimated to exceed $880 per acre 23% of the time. More...
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