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Acres of Knowledge

All issues concerning Small Farms, Agriculture, Local Food Systems, and the Natural Resources.

Crop Insurance and Rental Arrangements: Lessons from the 2012 Drought

Posted by Myla Munro -

The 2012 drought raised two issues related to crop insurance and rental arrangements. First, it appears that a significant number of share rent landlords did not take crop insurance, resulting in much lower returns for these share rent landlords. Second, variable cash rental arrangements typically have not included crop insurance proceeds in calculating rental payments, leading landlords...

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Which Way For Soybean Prices?

Posted by Myla Munro -

Soybean prices reached a peak on September 4, with November 2012 futures trading to $17.89 per bushel. The price of that contract declined to about $15.50 by the end of September and has been in a range of $14.86 to $15.74 since then. The price is currently in the lower half of that range. The generally sideways pattern for soybean prices over the past month reflects conflicting...

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