World Perspectives
feed-grains soy-oilseeds wheat

Crop Budget

The crop budget worksheets are of course only estimates, and virtually every producer will have a different set of numbers. Yields are always the key factor in these types of profit/loss exercises.As mentioned in Monday’s analysis, many of the university extension services now have 2016 crop budget worksheets available on their websites. The bottom line projections are break-even at best, but they mostly show negative returns per acre even before setting aside some dollars for “return to labor and management” (i.e., any cash for living expenses, etc.). A quick look at the numbers for southeastern North Dakota and western Minnesota ranks the crops that follow in order of best to worst. The best case in these projections is the least loss. Be...

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Market Commentary: War, Crude Oil Still Dominate

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Market Commentary: War, Crude Oil Still Dominate

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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