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It’s taking $4 cash to open bin doors

Jon Scheve, a grain merchandise with Superior Feed Ingredients, says that ethanol plants are having to raise corn basis to get farmers to load up a truck for delivery. He says some farmers are holding on for dear life until they see prices around the $4 cash mark or higher. Hear more of his comments about cash corn and why weather in the U.S, not Brazil, is moving markets as of late.… Continue reading

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Will glut of supply mean $9 soybeans (or less)?

After USDA’s January supply and demand report, the soybean markets felt a lot of downward pressure and flirted with resistance levels at the end of the week. Jon Scheve, a grain merchandiser with Superior Feed Ingredients says that downward trend may continue and really put the pressure on the bean markets at harvest time. He talks with The Ohio Ag Net’s Ty Higgins about how low the markets can go.… Continue reading

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A number of global issues steering commodities

From the eased tensions with Cuba, to an email hack job to Sony, to the Russian ruble crisis, there are so many factors happening around the world that are moving commodity markets in different directions. Dr. Matt Roberts, associate professor with The Ohio State University’s Department of Agricultural, Environmental and Development Economics, talked with Ty Higgins about those factors and where the markets might go from here.… Continue reading

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For Ohio’s corn crop, test weight and moisture results were lagging

Without a doubt, many farmers were smiling from ear to ear when looking at the yield monitors as they took in Ohio’s corn crop. The numbers for test weights and moisture were not as impressive though. DuPont Pioneer Account Manager Tate Cockerill talks about why those numbers may have been below average in 2014 for this week’s DuPont Pioneer Field Report.… Continue reading

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A preview of the December USDA Supply and Demand Report

Wednesday at NOON, USDA will be releasing a new Supply and Demand Report. Mike Zuzolo with Global Commodity Analytics gives a preview of what to expect and how the markets are setting up for the news.

You can hear more of Zuzolo’s comments in person later this month as he takes part in a number of Farm Credit meetings around Ohio. Click here for a full list of those free meetings.… Continue reading

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The delayed 2014 harvest is pushing back 2015 decisions

With just over 10% of the corn crop in Ohio still in the field, many farmers have been into harvest now for over 2 months. The delay in bringing this year’s crop has also put a delay in producers making their 2015 crop decisions. Ty Higgins from The Ohio Ag Net talked about this predicament with Account Manager Trent Brisby in this week’s DuPont Pioneer Field Report.… Continue reading

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