Market Watch

There’s a 30% chance that harvest prices will exceed Crop Revenue Coverage (CRC) limits in 2008, according to University of Illinois Extension farm financial management specialist Gary Schnitkey.
This probability is much higher than has existed in previous years. Higher chances of exceeding CRC limits increase the value of Revenue Assurance crop insurance relative to CRC.
CRC [...]

The corn and soybean markets need to offer the right incentives for corn and soybean acreage in 2008, according to University of Illinois Extension marketing specialist Darrel Good.
That means prices should generally favor corn over soybeans for the U.S. spring planting, and then soybean prices should be high enough from about August forward to encourage [...]

The impact of higher feed prices has had the most adverse impact on cow-calf operations in the form of lower calf prices, according to Purdue University Extension marketing specialist Chris Hurt.
Record calf prices occurred in 2005, but have decreased about 16 cents per pound since feed costs increased. This represents a decrease of about $80 [...]