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...
Now available in convenient planter box application, Terrasym by NewLeaf Symbiotics is proven by Becks 2021 PFR to improve yield by 2.7 bushels per acre in soybeans and 4.6 bushels per acre in corn. It also nets $20,000 more in incremental income with every 1,000 acres p...
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...
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...
One little trick regarding using the caulking. If you mix a little cornflour into it, it will go off in the mould much quicker. With a larger or well seaed mould, the caulking could take weeks or never go off in the centre. The cornflour doesn't affect durability but it does carry...
value of the contract is based on the price of the commodity. Some examples: A corn futures contract is for 5,000 bushels of corn; if corn is at $7 per bushel, one futures contract is worth $35,000. A crude oil contract for 1,000 barrels would be worth $90,000 at $90 per ...
Like corn, wheat is also traded in futures contracts equal to 5,000 bushels. Contracts are drafted in March, May, July, September and December with tick values equal to 0.25 cents per bushel. Most of the world’s wheat supply is produced in the United States — and there are three diffe...
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 ...
How do you grow 500-bushel corn? Start with 500-bushel stand.The article offers suggestions from Georgia farmer Randy Dowdy, on growing 500-bushel-per-acre corn without crop rotation by protecting crops from diseases, providing nutrients, and use of fungicides....