FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Mon May 19, 2014 04:10 PM CDT


Contrarians Counter Ag's Doomsday Decade


If you've read 10-year commodity price outlooks from either USDA or the highly regarded Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri, you're likely nervous about Doomsday scenarios in agriculture. Under average market conditions, FAPRI forecasts commodity prices over the next 10 years will run $4 for corn, $5.27 for wheat and soybeans about $10/bu. In contrast, season-average cash corn prices spiked to $$6.89 for the 2012 crop. By their account, net farm incomes will average $91.3 billion annually over the next decade, or about 30% less than ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
Market Matters
Ag Interest Rate Snapshot
Monsanto Earnings Rise
Labor Pains - 1