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September 1, 2012
Compensation
plans
If can not physically meet use technology If can not … technology If can not physically meet—use technology
CommunicationCommunication
… minimize
Cannot be eliminated
Other Employee Management
Considerations
…
September 1, 2012
Management
plans
If can not physically meet use technology If can not … technology If can not physically meet—use technology
CommunicationCommunication
… minimize
Cannot be eliminated
Other Employee Management
Considerations
…
September 3, 2017
Section 5: Long-Range Planning (FINLRB)
Retirement & Medicare: Earned 40 credits
• Disability: Meet definition of disability AND have worked long
enough, and recently enough to qualify
• … Calculate Preliminary AGI: wages, pension dollars,
dividends, realized capital gains, taxable interest from
investments, annuities, rental income and other sources.
Add tax‐exempt interest (if any) plus 50% of Social Security
benefits – …
May 22, 2025
them
• Listened to them
• Meet them
• Monitor
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Consumers
Where They Are
SSttaattee … Processed
We’re Not the “Other” Anything
What’s
Different
This …
February 16, 2014
Land Leasing
Forms
information about this and other leases, visit http://AgLease101.org
Table … loan origination fee or other fees that effectively
raise … manufacturer. However, many other
local and national financial …
April 30, 2015
Grain Market Outlook
lihood of corn futures prices rallying above say $5.00 before spring planting appear
limited – unless unexpected, substantial crop production or export availability problems occur in other major
coarse grain produ … Reports & “Current Crop” MY 2014/15 Projections
On April 9th the USDA World Agricultural Outlook Board (WAOB) released its April 2015 World
Agricultural Supply and Demand Estimates (WASDE) report – containing U.S. and World corn supply‐demand
and price projections for the 2012/13, 2013/14, as well as for “current crop” 2014/15 marketing years. The
2013/14 marketing year ended on August 31, 2014, while the “current crop” 2014/15 U.S. corn marketing year
began on September 1, 2014 and will last through August 31, 2015. In its upcoming 12th WASDE report the
USDA will release projections for the “new crop” 2015/16 marketing year for corn, grain sorghum, wheat,
soybeans and other major crops.
I‐B. C …
July 21, 2015
Grain Market Outlook
… The development of volatile weather patterns in 2015 such as “El Nino” may cause production problems for
corn and other coarse grains in parts o … out a change in the current World‐wide “large crop – low price” market scenario faced in coarse grain and
other agricultural markets. …
September 19, 2017
Grain Market Outlook
… ontinuing threat exists of U.S. and Foreign economic and/or financial system disruptions that
could impact grain, energy, and other commodity markets in 2017‐2018. World geo‐political events could
provide “shocks” to U.S. and World energy and grain markets which could in turn impact grain prices in either
direction depending on the circumstances and the countries involved and their role in global corn export trade.
4. USDA Supply‐Demand & Price Forecast for “New Crop” MY 2017/18
With the USDA’s continuing projection of 2017 U.S. corn plantings at 90.886 million acres or ‘ma’ (down
3.118 ma from 2016), harvested acres of 83.496 ma (down 3.252 ma), and projected yields of 169.9 bu/ac (vs
the record high of 174.6 in 2016), 2017 U.S. corn production is forecast to be 14.184 bb – down from the
record high of 15.148 bb in 2016.
The USDA forecast “new crop” MY 2017/18 total supplies to be 16.585 bb – down 355 mb from last year’s
record high. Total use is forecast at 14.250 bb – down 340 mb from last year’s record high. Ending stocks are
projected to be 2.235 bb (16.38% S/U) – down from 2.350 bb (16.11% S/U) in “old crop” MY 2016/17. United
States’ corn prices are projected to average $3.20 /bu (range of $2.80‐$3.60). This is down $0.15 /bu from the
midpoint estimate of $3.35 /bu from “old crop” MY 2016/17. This scenario is given a 60% likelihood of
occurring by KSU Extension Agricultural Economist D. O’Brien.
Page | 3
5. Alternative KSU Supply‐Demand & Price Forecast for “New Crop” MY 2017/18
Three alternative KSU‐Scenarios for U.S. corn supply‐demand and prices are presented for “new crop” MY
2017/18. Each forecast scenario presents the likelihood of lower U.S. corn acreage, yields and production than
projected by the USDA in the September 12, 2017 WASDE report for “new crop” MY 2017/18.
A ‐ KSU “New Crop” MY 2017/18 Scenario #1) “167.3 bu/ac – 13.930 bb” Scenario (35% probability) assumes:
90.753 ma planted, 83.261 ma harvested, 167.3 bu/ac trend yield, 13.930 bb production, 16.330 bb total
supplies, 14.215 bb total use, 2.115 bb ending stocks, 14.88% S/U, & $3.45 /bu U.S. corn average price;
B ‐ KSU “New Crop” MY 2017/18 Scenario #2) “164.0 bu/ac – 13.655 bb” Scenario (5% probability) assumes:
90.753 ma planted, 83.261 ma harvested, 164.0 bu/ac yield, 13.655 bb production, 16.055 bb total
supplies, 14.095 bb total use, 1.960 bb ending stocks, 13.91% S/U, & $3.60 /bu U.S. corn average price;
C ‐ KSU “New Crop” MY 2017/18 “Wildcard” Scenario #3) “167.3 bu/ac – 13.930 bb” Scenario (???% prob.)
assumes: 90.753 ma planted, 83.261 ma harvested, 167.3 bu/ac trend yield, 13.930 bb production, 16.330
bb total supplies, 13.935 bb total use, 2.395 bb ending stocks, 17.19% S/U, & $3.00 /bu U.S. corn average;
Note: even with moderate reductions in 2017 U.S. corn production as represented in the KSU Scenarios A, B
and C above, the presence of large beginning stocks of 2.350 bb in “new crop” MY 2017/18 limit the “tightness”
of corn supply‐demand balances, and hinders any upward price responses.
5. World Corn Supply‐Demand – With & Without China
World corn production of 1,032.6 million metric tons (mmt) is projected for “new crop” MY 2017/18, down
3.6% from the record high of 1,071.2 mmt in “old crop” MY 2016/17, but still up 6.5% from 969.6 mmt in MY
2015/16. Near record World corn total supplies of 1,259.6 mmt are projected for “new crop” MY 2017/18,
down marginally from the record high of 1,285.1 mmt in “old crop” MY 2016/17, but up from 1,179.2 mmt in
MY 2015/16.
World corn exports of a 150.6 mmt are projected for “new crop” MY 2017/18, down 8.9% from the record
high of 165.3 mmt in “old crop” MY 2016/17, and up 25.8% from 119.7 mmt in MY 2015/16. Projected World
corn ending stocks of 202.5 mmt (19.2% S/U) in “new crop” MY 2017/18 are down from the record high 227.0
mmt (21.4% S/U) in “old crop” MY 2016/17, and from 213.9 mmt (22.2% S/U) in MY 2015/16.
An alternative view of the World corn supply‐demand is presented if Chinese corn usage and ending stocks
are isolated from the World market. “World‐Less‐China” corn ending stocks are projected to be 121.2 mmt
(14.8% S/U) in “new crop” MY 2017/18, down from 125.7 mmt (15.2% S/U) in “old crop” MY 2016/17, but up
from 103.1 mmt (13.4% S/U). These figures show that World stocks‐to‐use of corn less China’s direct influence
are projected to be down approximately 23% (i.e., 14.8% S/U for the “World Less China” versus 19.2% S/U for
the “World” overall in “new crop” MY 2017/18).
At the same time, these figures also show that Chinese ending stocks of corn as proportion of the World
total are declining – down from 51.8% in MY 2015/16, to 44.6% in “old crop” MY 2016/17, and down to 40.1%
in “new crop” MY 2017/18. The deliberate actions in recent years ‐ taken by the Chinese government to
reduce feedgrain stockpiles – is impacting the relative amount of World total corn stocks they hold.
…
Summary Book - All Counties
…............................................................................. 43-59
Can My Farm Meet the Test? …...................................................................................................................................60
Analysis … Income output.
Income for other livestock and crop items …
August 1, 2025
Breakout Sessions
the Black Sea Grain Initiative, a deal that allowed Ukraine to safely export grain and other agricultural products from its Black Sea ports.
Sources: USDA, Economic Research Service; Food and Agriculture Organization of the United Nations, Food Price Monitoring and Analysis.
Recent Trade Restrictions: Georgia’s
Response
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June 2023, Georgia imposed a temporary import duty on Russian wheat flour, barely and bran. Set to expire November 1, 2023
Georgia extended import duty three times. It was set to expire March 1, 2025. Now, it is extended for an indefinite period.
July 2025, Russia cut the wheat export duty to zero for the first time since June 2021
Wheat …