Sunday, February 8, 2015

2015 Crop Outlook

This is the time of year when farmers are spending time learning and planning for the coming crop year. Last week farmers gathered in Paullina to hear  three speakers talking about topics ranging from the outlook for ethanol, transitioning the farm to the next generation and the price outlook for 2015. There was good news and not so good news.
Randy Ives, the ethanol services director for Gavilon, told the audience that ethanol exports may be the key to supporting corn prices.


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David Baker, Farm Transition Specialist at the  Beginning Farmer Center shared the keys to transitioning the farm operation from one generation to the other. He also is working with an organization to bring the new generation of veterans into agriculture.



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And the final speaker was Chad Hart, Extension Economist with his outlook for farm prices for 2015. His outlook was not optimistic. His figures and Extension Climatologist Elwin Taylors forecast point to a 2015 corn crop identical in size to the crop from 2014, 171 million bushels. That will put pressure on corn prices,


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