Interest Rates and Grain Storage

By Grant Gardner | Assistant Extension Professor
Published on Aug. 29, 2023

For the 2023/24 marketing year, higher interest rates will negatively impact producers' costs for holding grain in storage, especially for producers utilizing operating loans.

2023 May WASDE Update: Yield is King

By Grant Gardner | Assistant Extension Professor
Published on May. 30, 2023

Summary

Projected Plantings and Historical Accuracy

By Grant Gardner | Assistant Extension Professor
Published on Apr. 28, 2023

In this article, I discuss the Prospective Planting report for 2023, which provides the first survey-based estimates of farmers' 2023 planting intentions. I first discuss the projections for the United States and Kentucky.

Maximizing Value: 2023 Spring Application of Broiler Litter for Grain Crop Production

By Jordan Shockley | Associate Extension Professor
Published on Mar. 30, 2023

Spring is here and grain producers across the state are gearing up for planting.  One of the many decisions producers have to make before planting is in regard to their nutrient management plan.  Broiler litter provides a great opportunity as a complete fertilizer and is being produced and used throughout the state in grain production.  However,

Grain Profitability Outlook 2023

By Greg Halich | Associate Extension Professor
Published on Feb. 28, 2023

The grain markets surged to a new level after Russia’s invasion of Ukraine in late February 24, 2022.  Prices have come down since their peak last spring, but they are still extremely high.  Current prices for 2023 new-crop delivery are around $5.60/bu for corn, $14/bu for soybeans (2/22/23).  This is an increase of around $.30/bu for corn and $

Warm Welcome to Dr. Grant Gardner

Published on Jan. 30, 2023

Dr. Grant Gardner was born and raised on a corn and soybean operation in southwestern Indiana. He received his B.S. in Agribusiness from Purdue University in 2017. He subsequently received his M.S. and Ph.D. in Agricultural Economics from the University of Nebraska-Lincoln and Kansas State University in 2019 and 2022, respectively.

Fall 2022 Wheat Planting Decision

By Greg Halich | Associate Extension Professor
Published on Sep. 29, 2022

Corn harvest is now underway and Kentucky grain farmers will soon decide if and how much wheat they will plant this fall.  Compared to last year there are significant increases in wheat and soybean prices, major increases in all fertilizer prices, and fuel prices that have almost doubled.  The following analysis quantifies these relative changes

Maximizing Value: 2022 Spring Application of Broiler Litter for Grain Crop Production

By Jordan Shockley | Associate Extension Professor
Published on Mar. 31, 2022

Spring is here and grain producers across the state are gearing up for planting.  One of the many decisions producers have to make before planting is in regard to their nutrient management plan.  Broiler litter provides a great opportunity as a complete fertilizer and is being produced and used throughout the state in grain production.  However,

Grain Profitability Outlook 2022

By Greg Halich | Associate Extension Professor
Published on Mar. 31, 2022

The grain markets had already been climbing before Russia invaded Ukraine on February 24th.  Since then, prices have been on a tear, particularly for wheat and corn.  Current prices for 2022 new-crop delivery are around $6.50/bu for corn, $15/bu for soybeans, and $10/bu for wheat in Kentucky (3/25/22).  This is an increase of around $2.25/bu for

The Economic Value of Applying Broiler Litter in the Fall | 2021

By Jordan Shockley | Associate Extension Professor
Published on Nov. 23, 2021

Spring application of broiler litter is ideal for maximizing the economic value but faces challenges that include wet soil conditions, lack of time to spread litter near planting, and availability of litter in the spring.