NEWS
Jerry Gulke DTN Columnist
Mon Dec 10, 2012 11:02 AM CST

With two adverse production years in a row -- although for two very different reasons -- the axiom that no two years are alike may have lost its significance this year. Problematic cash contracts are beginning to surface. One particular situation of which I have personal knowledge stresses that the importance knowing the limitations of any flexibility associated with a cash forward contract is paramount. Most large commercial firms are not sympathetic when it comes to letting one buy out of a contract unless any such flexibility is in writing. There are examples where such flexibility is allowed, with qualifications.

...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
DTN Midday Grain Comments
DTN's Quick Takes
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
View From the Cab
DTN Before The Bell Grain Comments