Averages can vary by county and actual records, but an Iowan with a 190-bushel corn yield might add 13 to 24 bushels to their corn APH. (DTN file photo by Scott R Kemper)
Crop Insurance Tweaked
RMA Fills Yield Gaps
Mon Jan 23, 2012 03:39 PM CST
Corn and soybean farmers like what they see in RMA's new Trend-Adjusted APH Yield Option. With one reform, it automatically lowers deductibles.
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Two generations often see risk and reward differently, in part because of their age differences. (Photo by gerlos, CC SA-BY 2.0)
Klinefelter: By the Numbers
 Develop a Common Vision for TransitionSubscriber Content
Wed Feb 1, 2012 11:21 AM CST
CEOs and successors need to share core values, mission and goals for the business. Start with these talking points.
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Chart by Kim Adrian
Ag Interest Rate SnapshotSubscriber Content
Fri Feb 3, 2012 07:40 AM CST
Track daily moves in farm mortgages and operating credit, based on interest rates supplied by a major farm lender.
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More farmers are using futures since grain elevators limited the use of hedge-to-arrive contracts in 2008. When reporting positions on your commodity accounts, remember that IRS treats hedging and speculating accounts differently for taxes. (DTN file photo)
Taxlink by Andy Biebl
How Do I Report Hedges to IRS?Subscriber Content
Fri Jan 20, 2012 11:24 AM CST
CPA Andy Biebl answers readers' tax quandaries on hedging accounts, MF Global losses and deferred grain sales.
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Farm prosperity meant farmers had the funds to push many land values up 20% to 40% last year, but now many operators are also retiring debts, the Federal Reserve said. (Graphic courtesy of the Federal Reserve)
Farmers Retire Debt
Prosperity a Blow to Ag BanksSubscriber Content
Thu Jan 26, 2012 06:42 AM CST
Farmers pre-paid operating expenses from cash and slashed short-term credit at ag banks by 40% last year.
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Nobody takes crop insurance expecting to make a profit, but today's $5.77 close on Dec futures contract for corn is a good omen for the farm safety net.
Feb. 1 marks the annual count down for the crop insurance price discovery for spring planted crops.
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You might be surprised, but there is such a thing as a free lunch. Many corn and soybean growers will getting one in this year's crop revenue insurance package. As I mentioned in a recent post, the move to reduce yield drag in the 10-year Actual Production History (APH) averages could drastically lower overall crop insurance costs--if you are in the market for a Revenue Protection (RP) policy.
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Record farmland sales continue to stun the market, but quality yardsticks add some interesting perspective, too. Year-end sales data just released from the Farm Credit Services of America show that Iowa farms averaged $8,096/acre at yearend 2011--much higher than most other studies indicate.
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Iowa farmers are giving their seal of approval to the new Yield Trend Adjustment option meant to correct for yield drag in federal crop insurance coverage, attendees at a DTN-Iowa Soybean Association "Marketing Through Mayhem" course told me last week.
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More Minding Ag's Business...
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More farmers are using futures since grain elevators limited the use of hedge-to-arrive contracts in 2008. When reporting positions on your commodity accounts, remember that IRS treats hedging and speculating accounts differently for taxes. (DTN file photo)
Taxlink by Andy Biebl
How Do I Report Hedges to IRS? Subscriber Content
1/20 11:17AM
CPA Andy Biebl answers readers' tax quandaries on hedging accounts, MF Global losses and deferred grain sales.
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With no debt, limited future capital expenditures and a shot every year at six figures of free cash, the 300-acre Midwest farmer appears to be bulletproof. (Photo by Bill Butcher, USFWS)
MBAg by Adam Erwin
300 Acres and Bulletproof?Subscriber Content
1/9 11:31AM
After this economic cycle, small and debt-free is built to last. It's the big boys that DTN's resident farmer Adam Erwin worries about.
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Two generations often see risk and reward differently, in part because of their age differences. (Photo by gerlos, CC SA-BY 2.0)
Klinefelter: By the Numbers
Develop a Common Vision for TransitionSubscriber Content
2/1 11:18AM
CEOs and successors need to share core values, mission and goals for the business. Start with these talking points.
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