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Content about commodities

June 26, 2013

In 2012 Dr. Meyer said if it rains we have $4 corn and if it doesn't we have $8 corn - and that everyone heard the first part and nobody heard the second part. Where are we today?

Grains and Livestock Economic Outlook - Dr. Steve Meyer, Paragon Economics, from the 2013 World Pork Expo, June 5 - 7, 2013, Des Moines, IA, USA.

Dr. Steve Meyer, Paragon Economics, says key issues in coming months will be input and production costs; demand; output levels for 2013 and 2014; and prices and margins.

He reminded people that in 2012 he said if it rains we have $4 corn and if it doesn't we have $8 corn - and that everyone heard the first part and nobody heard the second part. In summary Dr. Meyer says that corn belt rains have been good, now we need some warm dry days.

March 5, 2013

Can we predict the future with weather, crops, and economics? No, but we can get a sense of direction.

Show Me the Money: Economic Outlook - Dr. Steve Meyer, President of Paragon Economics, from the 2013 Iowa Pork Congress, January 23-24, Des Moines, IA, USA.

March 27, 2012

Without global markets, there is a risk of food distribution being disrupted.

Markets exist to help smooth the flow of information and make the future more predictable. But sometimes it takes a Ph.D. to figure out what is going on when corn goes above $8 and you are sitting on several thousand bushels.

March 26, 2012

What are puts and calls? Where do I get commodity market data? This resource page offers some suggested web pages to help figure out agriculture economics.

agriculture economics 101 Markets exist to help smooth the flow of information and make the future more predictable. Or so say some of the theories. But it takes a Ph.D. sometimes to figure out what is going on when corn goes above $8 and you are sitting on several thousand bushels. Do you sell? Or do you wait?

March 19, 2012

What should you be doing with your corn?

There is less pressure from ethanol demand and the industry is catching up with trend-line yields. And prices are moderating, although at higher levels than preferred. Purdue's Dr. Chris Hurt shares what's happening and why we should see a bit less volatility in the days to come.