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Tag Archives: ag economics

WILL #CORN PRICES REMAIN RANGE-BOUND?

#Farmers are ready to pounce if and when the corn cash price ever gets to $4-plus. But will they get that opportunity? The market in western Illinois the middle of last week traded at $3.45 per bushel cash, $3.65 for November and $3.77 for March 208. “Corn has been in a pretty tight trading range… read more

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TIGHT TIMES

Farmers in the central U.S. grain and livestock states continued to take out new operating #loans in the first quarter of 2015, the Federal Reserve Bank of Kansas City said on Wednesday. Overall, however, credit conditions remain in fairly good shape with most balance sheets in good shape. Farmers were also locking in fixed rate… read more

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FARM EQUIPMENT OUTLOOK

For 2015, dealers are now expecting sales to decline 15% year-over-year on average, down from the 11% decline forecast in February. Shortline dealers are the most optimistic, calling for a 10% decline in sales for 2015. John Deere dealers are the least optimistic and are expecting an 18% decline in sales for the year.

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