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Tag Archives: prices

INTEREST RATES

This week’s expected rise in interest rates won’t be a positive factor for better prices ahead.  However, FarmDoc’s Jeffrey Dorfman says it should not be much of a negative factor, given current market performance.

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GLUTTED MARKET

Agricultural prices face a 10-year bear market, says the OECD. That is bad news for companies supplying tractors and fertilizer.

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EGG PRICES

USDA says the U.S. average egg price in grocery stores zoomed by 55 cents a dozen for Grade A Large eggs from the preceding week, a 42-percent increase.

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COST PRESSURES

Farmland returns are projected to be lower in 2015 than in recent years. If prices do not rebound significantly, there will be pressures to reduce cash flows for the 2016 year. Farmers will need to reduce one or more of the following costs: fertilizer, seed, chemical, and cash rents, according to U of I farm management… read more

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PORK OUTLOOK

Producers will see sharply lower hog prices this year – down 26% from 2014 – due to larger livestock production, says the USDA’s Livestock, Dairy and Poultry Outlook. FarmWeekNow’s Dan Grant is attending this week’s USDA Outlook Meeting and will provide more coverage on FarmWeekNow.com.

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PRICE WARS

Bloomberg News reports oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union.

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MORGAN STANLEY CUTS FORECASTS

Morgan Stanley cut its estimate for corn to $3.90 a bushel in 2014-2015 from $4.35 in October and for soybeans to $9 a bushel from $10.10, according to analysts Bennett Meier and Lee Jackson. Wheat was lowered to $5.40 a bushel from $5.75.

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FUEL PRICES

Agricultural producers in wide parts of the country are experiencing an easing in gas and diesel prices not seen in years. Gas prices for this time of year are the lowest since 2010 when they ran well under $3 per gallon. Diesel fuel is at its lowest price since 2012.

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PEANUT BUTTER

Get ready to see peanut butter in a lot more places. The humble spread, found in lunch-box sandwiches across America, is suddenly a favorite of restaurants and packaged-food companies — thanks largely to falling prices.

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FARM PROGRAMS

 Farmers could choose their new commodity programs as early as next week if they want, but caution may be the wiser tool in risk management right now, considering the current state of commodity prices.  

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