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T. Marc Schober

 
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  • Why Invest In Farmland? (2014 Edition) [View article]
    That's a great point, investing in the next generation of farmers is an important piece of the puzzle.
    May 12 04:36 PM | Likes Like |Link to Comment
  • USDA Weekly Exports: Wheat Sales Hit Marketing Year Low [View article]
    Warren,

    Thank you, it is good to hear that someone reads the articles. As for your questions, could you clarify what number you are referencing? I would be more than happy to shed some light on how we see the market. If you are interested in reading more you can always visit our website, http://bit.ly/1gxDt6X
    Apr 14 04:59 PM | Likes Like |Link to Comment
  • Farmland Price Index Climbs 16% [View article]
    We invest directly in farmland across the U.S. Corn Belt and a 5% ROI is attainable in each state, but it will take substantial efforts to source the correct property. Via cash rental contracts, 5% is not unheard of while crop share leases are more volatile, yet can reach higher returns.
    Oct 22 11:41 AM | Likes Like |Link to Comment
  • Crop Progress: Corn Conditions Decline For Eighth Straight Week [View article]
    Grain is hauled from fields to elevators via truck and then it is by rail.
    Jul 31 08:33 AM | Likes Like |Link to Comment
  • Severe Drought Affecting Rural Economics [View article]
    The Creighton University RMI can be found at: http://bit.ly/O0YuFU. The farmland price index is under the farming portion. We track the historical data of these indexes as well.
    Jul 26 08:43 AM | Likes Like |Link to Comment
  • Severe Drought Affecting Rural Economics [View article]
    CORN is interesting because it takes into account multiple future contracts. You'll have to go to Teucrium's website for the prospectus, but exposing yourself to long-term corn prices is a great option through CORN.

    I also appreciate everyone's personal crop reports. It sure it hot and dry out there, even for this time of year.
    Jul 25 10:34 AM | 1 Like Like |Link to Comment
  • Crop Progress: Corn Crop In Critical Condition [View article]
    The weekly USDA Crop Progress Report provides us with weekly crop conditions and it looks like the harvest may go very quickly for farmers because many fields have already burned up in the central and eastern Corn Belt. Rain at this point still won't save all of the corn because pollination was so far ahead of schedule due to the heat stress. Poor yields are already in place for the 2012 corn crop.

    Keep in mind that when data comes out on a bumper crop in spring, all conditions must remain optimum. The weather rarely works out the be optimum.
    Jul 23 05:38 PM | Likes Like |Link to Comment
  • Crop Progress: Corn Crop At Alarming Conditions [View article]
    It sure has been a difficult summer when it comes to weather. Anywhere north of Minneapolis has got too much rain while farmers are reporting very poor conditions in southern MN, IA, IL, IN, etc.
    Jul 10 08:36 AM | 1 Like Like |Link to Comment
  • Farmland Values Increase 25% For Second Consecutive Year [View article]
    Not as much fund investment as one would think. The majority of buyers, 74% according to Iowa State, are farmers. That number has increased from 2010 to 2011 while the percentage of buyers who are investors shrunk.
    May 23 04:54 PM | Likes Like |Link to Comment
  • Crop Progress: Corn Condition Well Above Average [View article]
    Norman - Thanks for the update. It's certainly hot here in MN too finally. Moisture will be a big factor moving forward.
    May 22 03:49 PM | 1 Like Like |Link to Comment
  • Rural Economy Slows In April [View article]
    That's a great question. In our recent observations of farmland purchasers across the Corn Belt, the primary buyers are farmers. Iowa State recently found that the percentage of farmland buyers who are farmers increased from 70% to 74% this year while investors have decreased as a percentage.

    Western ND is certainly a different region than most of the Corn Belt as the Bakken shale is present along with much less annual precipitation. Much of the farmland purchases that are driving prices higher have zero connection to RE speculation, rec land, oil or other factors outside of farming.

    I hope that helps answer your question.
    Apr 23 05:30 PM | Likes Like |Link to Comment
  • Soybeans Rally To 5 Month High [View article]
    I'm glad you enjoy our monthly report. We will be starting our crop progress reports within the next couple months as well. The March 30th USDA Report will dictate the markets until planting season.
    Mar 2 11:13 AM | Likes Like |Link to Comment
  • Crop Progress: Corn Harvest on Schedule [View instapost]
    That's great Norman. It looks like corn should start within a few weeks around here. Many farmers are full into soybeans.
    Sep 22 08:05 AM | 1 Like Like |Link to Comment
  • Crop Progress: Corn And Soybean Conditions Decrease [View article]
    Mr. Tweed - Growing up my parent's farmer always said that in every 10 years, you'll have 2 great ones, 2 bad ones, and 6 average ones. The great ones get you through those bad years. Farmers are due for a good weather year here before long.

    The USDA Report should be interesting. At this stage in the year, I could see things going either way. I don't imagine the USDA likes having commodity prices sitting as high as they currently are, but it's hard for them to adjust anything in the weekly crop progress reports when the corn crop is actually getting worse. On the 12th, I could see average yield decreasing, but somehow demand decreasing to help partially offset it. If one thing is for certain, you never know what could come out of a WASDE.
    Sep 9 08:57 AM | 1 Like Like |Link to Comment
  • Crop Progress: Corn Silking Slowly Continues, Soybean Conditions Better Than Last Year [View article]
    I agree tweedn. The weather has been very unpredictable. Some areas have flooding and 100 miles away they are dry. If the U.S. can hit the 158.7 bushels per acre yield mark from USDA, I have a feeling there will be a lot of variance. In the upper Midwest here, some corn fields look the best we have ever seen while others look rough.
    Jul 12 03:50 PM | 1 Like Like |Link to Comment
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