by Doug Mayo | Feb 5, 2016
Much of the agricultural economy in the country is driven by the basic economic principles of supply and demand. Why are commodity prices for crops grown in the Southeast so low? For the most part it is related to an increase in the supply (production) and a...
by Mark Mauldin | Feb 5, 2016
The predictions for 2016 crop prices are, let’s just say, less than ideal. In years like this there is a natural tendency for farmers to look for corners to cut, in an attempt to keep production cost lower. However, more often than not, cut corners lead to a reduction...
by Doug Mayo | Feb 5, 2016
Chris Prevatt, UF/IFAS Livestock Economist The August 2016 Feeder Cattle futures contract declined by $8.70/cwt. during January. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $65.25/hd. ($8.70/cwt. * 7.5 cwt.) on a...
by Doug Mayo | Jan 29, 2016
2015 was a very challenging year for Panhandle row crop farmers with the double whammy of low commodity prices and unfavorable weather. As a result, many farmers are uncertain as to what crops to plant for the coming year. The University of Georgia has a nice tool or...
by Doug Mayo | Jan 29, 2016
Old crop Mar16 futures closed today at 62.45 cents—up 1.04 cents for the week. After recently threatening the 61-cent area and even challenging 60 cents in late September, prices now seem to have found a little support and, dare we say, upward momentum. The decline of...
by Doug Mayo | Jan 15, 2016
The New Year has not started off well for cotton. Old crop March futures currently stand at roughly 62 cents and new crop December futures at roughly 63 cents—both down 2 to 3 cents from the most recent high. On the decline, cotton prices reached the lowest levels...