While there are obvious limitations to the explanatory power of a single price factor in a market in which price is determined by the dynamics of a number of supply and demand factors, the corn market clearly reacts to the USDA forecast of marketing year ending stocks contained in monthly WASDE reports.
Kansas State University Feed Science and Management program, includes a modern, automated 5-ton-per-hour production and teaching feed mill and a biosafety level 2 teaching and research feed mill. This 142-foot-tall, state-of-the-art facility opened in October 2013.
The high profits were driven by a drop in corn prices that substantially exceeded declines in ethanol and DDGS prices. It was also argued in the same post that there were logical reasons to suspect that the extended run of profits was unlikely to continue. Just the opposite occurred, as ethanol production profits subsequently exploded off-the-chart. Today's post will examine the spike in the profits of ethanol producers in recent months and the reasons behind it....[Read More]
The Institute for Feed Education and Research has completed six research projects to date, with four additional projects still underway. The foundation’s research committee reviews proposed research to determine applicability for our industry. To date, almost all the ideas for research have come from AFIA ideas needed to support our industry.
It will be up to individual facilities to prepare themselves to avoid getting hit. But luckily, no one is alone in this fight; there are associations, academics and others working to help them off the tracks.
So, is there such a thing as work/ life balance? In this column, we look at this topic, and discuss ways to provide balance — both for the employees of your feed and grain business, and for you as the manage.
The corn market continues to be influenced by two major fundamental factors. One is the on-going high rate of consumption, particularly the magnitude of export sales. The second factor is the slow start to the planting season.
As farming operations grow larger and yields continue their climb higher, many commercial grain facilities are faced with the challenge of handling higher volumes. In a lot of cases, the only solution is to pile grain on the ground, due to a lack of fixed storage. However, one South Dakota co-op, tired of dealing with the spoilage from exposed grain, started thinking outside the bin for a new flexible storage solution.
Employers have an opportunity to use the additional time created by the one-year delay in the employer shared responsibility (also referred to as the play or pay) mandate to gauge ACA compliance readiness.
Merchandising soybeans has been a tough challenge everywhere for the last three years. Futures have seldom showed more than a token carry — and often had steep inverses. Yet elevators can’t ship as much at harvest (or soon after) as they buy.