World Perspectives
livestock

Farm Operating Loans and Livestock Loans Up on Down Market

The Kansas City Federal Reserve Bank released its report on farm lending for the fourth quarter of 2014, which showed non-real estate loans are up about 50 percent across the region that it covers.The Kansas City Federal Reserve Bank released its report on farm lending for the fourth quarter of 2014. In a nutshell, large crops pushed commodity prices down, which pushed down margins that then pushed down land prices. They also pushed up loan demand for short-term operating expenses and pushed down feed costs that pushed up livestock margins, which coincided with more livestock operational loans to expand herds. This particular bank covers the 10th District, which includes Kansas, Nebraska, Oklahoma, the western third of Missouri, Colorado, W...

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

FOB Prices and Freight Rates App (Updated 30 April)

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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