Beck's Blog

From Our Family Farm to Yours

4

Feb

2020

CropTalk: Talking Corn Quality Traits

February 2020

Commodities are either fungible, meaning that they are traded as a class on one market price, or non-fungible, meaning they are traded based on specific quality measures for each unit. Corn is the quintessential fungible commodity – a bushel of corn is a bushel of corn, and corn from Missouri isn’t any different from corn in Ohio, apart from the local cash basis price. Most corn grown in the U.S. is used for fuel or feed; only about 19% of the U.S. crop is used for food. Confused about the difference between food and feed? Well, feed is the food you feed food. Food-grade corn is consumable by humans; it is grown under contract from specific buyers. There are two main types of food-grade corn sold by Beck’s: hard endosperm, and waxy.

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3

Jan

2020

CropTalk: Soybean Technology for the Roaring '20s

January 2020

As we dive into a new decade, I sat down with Craig Hurley, soybean lead for the Beck’s product team. His unique vantage point allows him to evaluate new technologies from across the industry well before they are commercially available.

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1

Apr

2019

CropTalk: More Talk About Grain Marketing

April 2019

Author: Peter Schram

Several months ago, I wrote about the importance of developing your grain marketing plan. That plan should help you understand your cost of production and determine a breakeven price at average or crop insurance (APH) yields. You should be thinking about the price where you are willing to begin selling your new crop. I have targets in mind for my plan and will be watching for opportunities to price during the “too season” — too wet, too dry, too hot. The "too season" is the best opportunity in the spring/summer market.

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