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...
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...
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, in profits. And about half of last year’s corn harvest is still in ...
Corn, for instance, reached $7.50 per bushel in early 2008. That meant “manufacturers were still making farm equipment and car dealerships were still selling pickups,” Albin says. “In this last recession, that cushioned us a lot.” The state was largely spared from the housing market ...
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 ...
Here's How Much It Would Cost to Buy Everything on the Goop "Ridiculous but Awesome" Gift Guide But I was not deterred. Rather, I would just have to widen my scope. Gwyneth herself (or whoever is her advocate in this case) encourages the i...
which ultimately impacts the price per bushel. When the protein levels are raised in the soybeans, the meat quality and health of the animal in the feed will be better as well; such as the fish, chicken, and pigs with higher protein levels. So when customers in the value chain are dema...
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...
Moving ahead to the late spring, the price of wheat has fallen to $500 per bushel, which would have been a loss of $100 x 5,000 = $500,000 for the farmer. However, at harvest, the farmer also buys back (or lets expire) the short futures position, which is a gain of $100 x ...