Ag Resources

NOAA Regional Drought Overview:
  1. The US Drought Monitor (USDM) measures broad drought condition intensity.
  2. The Palmer Z Index depicts moisture conditions for the period.
  3. The Palmer Drought Severity Index (PDSI) depicts the current month's cumulative moisture conditions integrated over the last several months.
  4. Total Precipitation (Inches 1M).
  5. Total Precipitation (Inches 3M).

NOAA Temperature Overview:

  1. CONUS Average Mean Temperature 1M.
  2. CONUS Average Mean Temperature 3M.
  3. CONUS Mean Temperature Departure from Avg 1M.
  4. CONUS Mean Temperature Departure from Avg 3M.

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