Crop Revenue Insurance The initial price calculation period for the 2014 U.S. winter wheat crop insurance program started on 15 August and runs through 14 September. It is the daily average of the July KC wheat futures for hard red winter wheat (HRW) and the July Chicago futures for the soft red winter wheat. The table below shows the current price calculation compared to the previous two years:
This is the initial price calculation and will also be the minimum price. If farmers elect to take the harvest price option and prices during the 2014 harvest are higher than this calculation, they get the higher price. Note the significant price difference from the previous two years. This lower price will directly reduce their p...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
