Crop Price Patterns
While the price of corn, soybeans and winter wheat varies from year to year, historical price patterns can be mapped for each commodity. A historical price pattern indicates seasonal trends due to historical price behavior. This article will discuss price patterns for corn, soybeans and winter wheat and how they can assist farmers in establishing price increase expectations and sell by dates when marketing grain. Read more.
Cost of Production
The 2016 Nebraska Crop Budgets include 73 crop production budgets for 15 crops as well as information on crop budgeting procedures, machinery operation and ownership costs, material and service prices, and a crop budget production cost summary. This year's guide includes four new budgets for dryland corn production in eastern Nebraska. The break-even prices for 2016 are lower than they were in 2015 for every budget. Read more
Local cash grain prices can be broken down into two components, futures and basis. The futures portion is determined by buyers and sellers of futures contracts, which often represents factors influencing global supply and demand. The basis portion represents factors influencing the local elevator. For any grain marketing decision, sale or purchase, there is a corresponding basis.