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2013 Market Outlook to Support Crop Insurance Purchase Decisions March 4, 2013 Roger Betz Senior District Extension Farm Management Agent

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Page 1: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13

2013 Market Outlook to Support Crop Insurance Purchase Decisions

March 4, 2013

Roger Betz

Senior District Extension Farm Management Agent

Page 2: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13

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Corn & Soybean Price Outlook

Integrate information from several sources including Dan O’Brien @ Kansas State Univerity, Pete Riley @ USDA, and Projections Implied by Current Futures Market

Includes thoughtful scenario development to price prospects, particularly by O’Brien, based on potential crop size.

Captures differences in trend yield projections across analysts

Todays Topics

Page 3: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 4: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 5: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 6: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 7: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 8: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 9: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 10: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 11: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 12: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 13: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 14: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 15: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 16: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 17: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 18: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 19: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 20: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 21: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 22: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 23: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 24: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 25: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 26: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 27: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 28: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 29: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 30: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 31: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 32: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 33: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 34: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 35: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 36: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 37: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 38: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 39: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
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Dec ‘13 Corn Futures Probabilities

Page 41: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 42: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13

Nov 13 Soybean Futures

Page 43: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13
Page 44: 2012 Crop Insurance Decisions - College of Agriculture ... · Todays Topics . Dec ‘13 Corn Futures Probabilities. ... 2011/12 75.0 73.8 41.9 215 3 094 3,325 1 ,703 1,362 3,155 2012/13

What Questions Do You Have?

Email: [email protected]

Roger Betz

Sr. Dist. Extension Farm Management

315 West Green Street

Marshall MI 49068

Fax 269 781 0768

Program Support: Janice Wright (269) 781-0780

MSU Farm Management and Outlook WWW site

(new) http://firm.msue.msu.edu