Ag Resources

2018 Average Agriculture Land Values (dollars/acre)

Cropland YoY Percent Change (2017-2018)

Pasture YoY Percent Change (2017-2018)

Source: USDA, National Agricultural Statistics Service
Annual Data as of: August 2017
Excludes AK, CT, , HI, ME, MA, NH, RI, VT, and American Indian Reservation Land.

Agricultural Products White Papers


Risk Management:

Managing Price Risk with Grain and Oilseed Futures and Options CME Group (4 pages): Link
Self Study Guide to Hedging with Livestock Futures and Options 2017 CME Group (58 pages): Link
Self Study Guide to Hedging with Grain and Oilseed Futures and Options 2015 CME Group (76 pages): Link
 

Standard Units & Conversion Measures (USDA)

Soybeans: Cents/bushel * k tons/year * 36.7430923 bushels/tons * 1/100 = $/year. 1 soybean bushel = 27.21554 kg (60 pounds) = 0.027216 tons.
Soybean meal: 1MT/year * (1/0.90718474) short ton/MT * $ / short ton = $/year
Wheat: Cents/bushel * KMT/year * 36.68244012 bushels/tons * 1/100 = $/year. 1 wheat bushel = 27.21554 kg (60 pounds) = 0.027216 tons.
Corn: Cents/bushel * KMT/year * 39.3675989 bushels/tons * 1/100 = $/year. 1 corn bushel = 25.401 kg (56 pounds) = 0.02540 tons.
Coffee: Cents/pound * 60 kg/year * 2.20462 pounds/kg * 1/100 = $/year.
Sugar: Cents/pound * 2204.62 pounds/MT * 1/100 = $/MT.
Cotton: Cents/pound * 480k lb/year * 1/100 = $/MT
Live Cattle: Cents/pound * 1222 pounds/head * 1/100 = $/head.
Lean Hogs: Cents/pound * 262 pounds/head * 1/100 = $/head.

Links to Calculators:

USDA Season-Average Price Forecasts: Price Loss Coverage (PLC) for Corn, Soybeans, Wheat Description: This data product provides three Excel spreadsheet models that use futures prices to forecast the U.S. season-average price received by farmers for corn, soybeans, and wheat. The models also compute the PLC payment rates for marketing years 2014/15 and beyond.
Farm Credit Services of America Loan Payment Calculator & Amortization Description: This is an estimate of loan payments. The actual payment amounts may vary depending on the interest rate, closing date, and other factors.
Pioneer Planting Rate Estimator Description: DuPont Pioneer field tests hybrid response to plant population at dozens of locations across North America each year. This extensive testing allows us to sample a wide array of environments at many yield levels. The wide-ranging data set obtained powers this Planting Rate Estimator.

Quick Links:

Commodity Analytics

Commodity Indices

Agriculture Resources


ABSR Grain Marketing:

  • Sell levels published in advance of the next trading day.
  • Execution percentage levels.
  • Multi signal generation models for both optimal marketing and market protection.
  • Discretionary yield enhancement strategies.

Learn more here