The season of winter farm meetings is quickly drawing to a close even though much of the farm belt has a cover of snow (at last). I was at three meetings in the past week and thought it might be worthwhile to pass along a few of the interesting comments and discussions.
Breakeven prices were discussed as part of a panel discussion in northeastern North Dakota. Breakeven price is the price necessary for a producer to break even with his/her total production costs divided by his/her average yields. The numbers were a little shocking. The breakeven price for spring wheat was pegged at $7.91/bushel. It was $5.00 for corn and $11.90 for soybeans. These costs have escalated rapidly from just a few years ago, primarily because of soari...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
