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Tag Archives: budget

Selling forward with a production budget in mind

Where will corn and bean prices go? Corn has a big technical resistance at $3.77 (100-day moving average). So far, the market has held this price as a floor. Some still estimate $4.25 as an upside target. Fundamentally, farmers haven’t been sellers much below $4, so with the board around $3.85 some end users can’t source corn …

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Crop budgets getting tighter in 2015

Though there may be some bright spots in the corn and soybean marketing months ahead, the outlook for profitability is clearly not as bright as it has been in recent years. “The message today is not as positive as it has been for the last several years,” said Barry Ward, …

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Preliminary 2014 Ohio field crop enterprise budgets

Budgeting helps guide you through your decision making process as you attempt to commit resources to the most profitable enterprises on the farm. Crops or Livestock? Corn, Soybeans, Wheat, Hay? We can begin to answer these questions with well thought out budgets that include all revenue and costs. Without some …

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Farm bill still a possibility despite shutdown

Based on a letter to House Speaker John Boehner and comments made during a news conference it appears Senate Majority Leader Harry Reid believes the farm bill could be included in a larger budget package. American Farm Bureau Federation Senior Director of Congressional Relations Mary Kay Thatcher was given hope …

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State budget positive for agriculture

At a ceremony on the last day of June, Ohio Gov. John Kasich signed into law the FY2014-15 state budget. The budget includes $2.7 billion in tax cuts and $1.5 billion in new funds for education. “Ohio has come a long way in two years and it hasn’t happened by …

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