Purdue specialist lists guidelines for buying used farm machinery

By: Emma Hopkins WEST LAFAYETTE, Ind. – Prices for used farm machinery have been trending lower in the past year due to a surplus of inventory at dealerships, but buying used may not always be the best option, a Purdue University expert says. Robert Stwalley, assistant professor of agricultural and biological engineering, urges farmers thinking…

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Meat Export Expectations for 2015

By: John D. Anderson, Deputy Chief Economist, American Farm Bureau Federation Exports are an important component of demand for all three of the major meat species. According to the most recent data, exports of beef, pork, and chicken amounted to 21 percent, 19 percent, and 11 percent of production, respectively, in 2014. All of these…

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Beef’s Role on the World Wide Stage

By: Terri Queck-Matzie Global demand for beef is rising, while global supplies have stayed stagnant for nearly seven years. Producers are working to change that, but even their best efforts will take three to five years to take effect. With an 80-million person per year worldwide population increase, “It’s simple economics,” says Global AgriTrends CEO…

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Your 2015 Mindset

By: Don Tyler The transition between calendar years tends to enhance the focus on our performance over the past year and our goals for the coming year. Nearly everyone experiences this tendency, but I think it is stronger in those in agriculture. The changing of the seasons, the completion of one crop and the planning…

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Hedging for the roller coaster ride

By: Luke Schwieterman, President, Schwieterman Inc To say the least, it’s been a roller coaster ride for the last two months and this is a prime example of why we tend to advise producers to hedge using options. The increased volatility at higher prices is causing even hedgers to question the markets sense of things.…

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