Allen, M., " How far can you drive on a bushel of corn? Crunching the numbers on alternative fuels ", Popular Mechanics, May 2006, pp. 74-81.M. Allen: How far can you drive on a bushel...
it's going straight without any treatment. There's no live roots there, so it all just goes out the end. That's the problem we have, I think, in agriculture. Is we need to really minimize how much tillage we're doing. I think strip-till is a great...
When you buy an ear of corn or a bag of wheat flour at a supermarket, you probably don't pay much attention to where they were grown or milled. That's because both corn and flour are commodities. Commodities trading is the buying and selling of these interchangeable materials in bulk. O...
Regardless of what you do, there's a lot of good, there's a lot more good than there is bad, and it's sometimes just how we're wired. You can have a million people be like, "You are so amazing," and one person tell you suck. Why do we put so much emphasis...
Pay a “premium” wherever you buy a commodity option. Let's say you purchase a “call” option on 100 bushels of corn, and the premium is $2 per bushel. You will pay $200 for the right to exercise your option until it expires. That is your only cost to purchase the option, excep...
2021 prices are $3.40 per bushel for corn and $8.50 for soybeans, representing an economic recovery that is V-shaped. Commodity title payments total $30 per acre. This $30 per acre includes roughly $60 per acre of Price Loss Coverage (PLC) payments on base acres in corn. No payments ...
Pay a “premium” wherever you buy a commodity option. Let's say you purchase a “call” option on 100 bushels of corn, and the premium is $2 per bushel. You will pay $200 for the right to exercise your option until it expires. That is your only cost to purchase the option, excep...
Corn prices, in fact, spiked nearly 50 percent between Haley’s tweet and the end of the year. By the time the Hunnicutts sold their corn in December, they were able to lock in an additional $1 per bushel, Zach Hunnicutt estimates—generating another 20 percent, or $200,000 or so, ...
So, imagine you have a farm that can produce and deliver 500 bushels of corn per quarter. The price for one bushel in the first quarter was $157.56. In the second quarter, one bushel was $159.25, and your farm produced and delivered 505 bushels. First, determine the percent change in p...
if the price had instead risen to $700, almost a 17% increase, the bakery would have had to lay off workers and scale back operations. The hedge protects these jobs and keeps the company going into the next year by allowing the $100 per bushel profit in the long futures position to of...