You are currently browsing the Market Watch weblog archives for February, 2009.

Expect Drop in Fertilizer Costs

Lower fertilizer prices in 2009 may lead to an increase in corn profitability relative to soybean profitability, according to University of Illinois Extension farm financial management specialist Gary Schnitkey.

“Difficulties within the financial sector became apparent last fall. The financial meltdown, along with public perceptions of economic problems, has led to concerns that a deep, world-wide [...]

Corn, Soybean Acreage Depends on Biofuels

The size of the biofuels market will be an important factor in determining how many acres of corn and soybeans are needed this year, according to University of Illinois Extension marketing specialist Darrel Good.

“This is particularly true for corn. The majority of biofuels production continues to be corn-based ethanol production. That will continue to be [...]

South America Influences Corn, Soybean Prices

One of the most important factors influencing corn and soybean prices in the U.S. is weather and crop conditions in South America, particularly Argentina, according to University of Illinois Extension marketing specialist Darrel Good.
Argentina and Brazil are large exporters of soybeans and soybean products. Argentina is a large exporter of corn. Recently, Brazil has also [...]