Throughout history, global agricultural commodity prices and production have been affected by a myriad of factors that have a very well-defined statistical, cyclical, and correlated historical DNA backdrop. Learn where we stand within the cycles by clicking here.
All eyes were again fixed on a highly anticipated decrease in South America’s corn and soybean production estimates. The report showed little change in South American production estimates, but the market is trying its hardest for a reversal by believing South America’s crop isn’t as big as the USDA is estimating.
Acreage reporting may not be top priority, but attention to detail today plays a key role in both insurance premiums and the amount of insurance provided. Knowing what to include in your report will lead to a smooth process and ensure compliance in the program.
Debt is an important financial tool many producers utilize to expand their operations or improve profitability. The challenge is finding the sweet spot on how much debt to use, especially when it comes to big ticket items like machinery.
