Last week I was in central North Dakota along with 40 or 50 farmers at a meeting sponsored by the Carrington Area Farm Business Management group. Certainly, current markets were the primary topic of conversation, but it was also interesting that the group's instructor handed out an analysis of the current potential returns per acre for 2013. This particular region in North Dakota (like much of the state this year) had excellent crops. Corn and soybean yields likely set records. It was a very dry summer growing season, but the difference between North Dakota and the rest of the country was that much of the Northern Plains had adequate to surplus subsoil moisture at the start of the season. Most of the Corn Belt has little or no subsoil moi...

TAGS – Feed Grains, Soy & Oilseeds, Wheat