Bare Knuckles Ag ™

Latest Posts

Here is what China’s “bait” for a trade deal could be worth to soybean farmers

The ongoing trade spat with China has soybean prices in a coma. They have dangled tempting “bait” for a deal with a promise to buy 5 million tons of U.S. beans if resolution on trade can be reached. What would…
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Farm Safety is No Accident! How some set a standard while others add to statistics.

Statistically, farming has long been among the top 10 most hazardous occupations in the country in terms of workplace-related illness, injuries and even fatalities. In fact, research I did for a recent presentation on this topic for farmers attending a…
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Why Trump Won’t Back Down on Trade Sanctions with China

Farmers are still looking at prices substantially lower than they would otherwise be if China hadn’t responded to the President’s tariffs where they knew it would hurt him most, politically: Imports of farm goods; especially soybeans. But by responding with…
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First look at WASDE WIZARD ® 2019-20 corn/soybean price outlook after Friday “stock shock” and three possible weather scenarios

There are really only 2 possible explanations for the 138 million bu. surprise in Friday’s Sept. 1 corn stocks report. Either the 2017 crop was bigger than USDA’s final estimate last January or feed usage has been smaller than USDA’s…
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WASDE Wizard® Perspective on September WASDE Numbers

WASDE WIZARD ® Perspective on September WASDE Numbers: Why a second MFP payment to soybean producers will depend more on political calculations than actual economic impact of lost exports. For soybeans, WASDE changes make 2nd USDA grower payment unlikely. The…
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WASDE Wizard® Perspective on August WASDE Numbers

WASDE WIZARD ® Perspective on August WASDE Numbers Huge yields tanked futures; export outlook recovers some. WASDE Wizard® is 2-for-2 in post-release accuracy. Upon release of USDA’s June WASDE,  the price forecasting model I’ve dubbed my “WASDE Wizard®” said the…
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