Following two strong seasons for corn, soybean and wheat prices, marketers are looking nervously ahead to the 2023 season due to recent market turns. Prices have been high and traditionally this has led to increased production. But there’s uncertainty whether prices will remain elevated or begin to slide based on increasing global supplies. Either way,…
While there are plenty of obstacles impacting the price and availability of fertilizer, crop nutrition products are produced and transported 24/7, 365 days per year to meet farmers’ needs. A new video released by ADM goes behind the scenes of the complex fertilizer journey and explores how key crop nutrients, like monoammonium phosphate (MAP), are…
Commodity prices take their direction from many factors. One price influence that is often misunderstood is the strength of the U.S. dollar. Historically, when the dollar is stronger, commodity prices are weaker. And vice versa. It’s typically an inverse relationship. This is because major commodities around the world are priced in dollars. When the dollar…
Every growing season has its own set of challenges, and 2023 is likely to be no exception. Prices for grain and oilseeds are strong coming into the year, but high input prices are likely to continue to press farm profitability. In addition, industry projections for 2023 farm income are not as rosy as in the…
Following a strong two-year run, corn futures remain near the upper end of their historical price range. To protect these prices, producers can utilize a contract like the ASP to forward price a percentage of expected production during a seasonally strong time of year. By taking advantage of an ASP contract, you will benefit from:…
Location is everything in real estate, and it certainly plays a significant role in farming as well. Located two hours south of some of the best soil in the world, Habbe Farms of Nashville, Illinois, isn’t blessed with such productive ground. But its location near river terminals in St. Louis helps deliver a premium price…
