Managing Risks and Profits
Supplementary Material
Selected Papers

GRAIN INDUSTRY PROFILE by Robert Wisner

Market Efficiency and Marketing to Enhance Income of Crop Producers by Carl R. Zulauf and Scott H. Irwin

Pre-harvest Marketing Strategies Increase Net Returns for Corn and Soybean Growers by Robert Wisner, E. Neal Blue, and E. Dean Baldwin

Crop Insurance and Pre-harvest Pricing of Corn and Soybeans: Case Studies for Selected States and Farms by Robert Wisner, E. Neal Blue, E. Dean Baldwin, G. Art Barnaby, Jr. and Daniel O'Brien

AgRisk Software Installation and Web Link
To install AgRisk from the CD-ROM, use the file manager to list the files that appear on the CD-ROM. Use the mouse to click on the Install AgRisk shortcut and follow the instructions that appear on the screen. A Website for AgRisk can be found at: http://www-agecon.ag.ohio-state.edu/agrisk/
This website gives detailed information on how the program works. Future releases of AgRisk can be downloaded from the AgRisk website.

Web Sites for Managing Risks and Profits

Risk and profit management is vital to your success or your customers’ success in grain production, and is increasingly important because of global policy and climatic changes. This web site gives in-depth help to understand risk and profit management tools and strategies, focusing on impacts on your farm’s finances and profitability. Tools for managing these key variables include financial records, cash-flow schedules, your costs of production and storage, futures and options markets, elevator contracts, and yield and price insurance. For help in managing price, profit/and or yield risks, browse through our research-based listings, which are products from an 18-person team. You also will find historical price, yield, basis, supply and demand information, and research showing past performance of various tools and combinations of tools on Midwest farms from Ohio to Kansas. Links connect you with current market and weather information, and outlook forecasts to fine-tune your current decisions.

The Managing Risks and Profits Website is at Iowa State University
http://www.econ.iastate.edu/agrisk/

Web Links Categorized by: Click one of the categories below to go to web links

USDA Risk Management Agency / Federal Crop Insurance Corporation
Crop insurance companies and information
Futures exchanges
Current no-charge commercial market information and commentary
Research results on risk-management / Long-range projections
General and financial news
University market outlook and forecasts
USDA market outlook and projections
Historical and current crop & livestock data
Commodity Futures Trading Commission
Historical and current U.S. & global weather

__________________________________________________________

USDA Risk Management Agency / Federal Crop Insurance Corporation

http://www.act.fcic.usda.gov/ (USDA RMA / Federal Crop Insurance Corporation)

http://www2.hqnet.usda.gov/rma/rme/ (USDA Risk Management Education)

Crop insurance companies and information (back to top)

http://www.rainhail.com/ (Rain & Hail Crop Insurance Co.)

http://www.igfinsurance.com/ (IGF Insurance Company)

http://www.amag.com/ (American Agrisurance Co.)

http://www.rcis-net.com/rcis-net/doc/about.htm (Rural Community Insurance Services)

http://www.indy.net/~cropins/handbook.html (Crop Insurance Handbook- JARMAN CROP INSURANCE)

Futures exchanges (back to top)

http://www.cbot.com/ (Chicago Board of Trade)

http://www.midam.com/main1.htm (Mid America Commodity Exchange)

http://www.kcbt.com/ (Kansas City Board of Trade)

http://www.csce.com/ (New York Coffee, Sugar & Cocoa Exchange---has milk futures)

http://www.cme.com/ (Chicago Mercantile Exchange)

http://feednet.com/mge/ (Minneapolis Grain Exchange)

Current no-charge commercial market information and commentary
(back to top)

http://www.ianr.unl.edu/ianr/agecon/vavluru/jose/
(H. Douglas Jose - Risk Management Web Page at University of Nebraska)

http://www.ag.uiuc.edu/~stratsoy/new/indexes/MarketInformation.html
(StratSoy - Soybean Resources - Market Information)

http://www.aces.uiuc.edu./~agmas/
(AgMAS at U. of Illinois: Evaluation of advisory services)

http://www.grainfarmer.com/ (Current grain market information source)

http://www.agriculture.com/ (@griculture Online - market information web site)

http://www.traderivers.com/farmranch/index.html
(TradeRivers Farm and Ranch Business Center)

http://ianrwww.unl.edu/markets/grain.htm
(USDA Ag Market News Grain & Oilseed Reports)

http://www.agribiz.com/ (Agribiz: a major source of market information)

http://www.agribiz.com/merchdiz/stacall.html (AgriBiz Markets and Analysis)

http://www.agribiz.com/merchdiz/cornoptn.html (AgriBiz: Daily Corn Options Analysis by Chris McLean)

http://www.dayta.com/ (DTN AgDayta)

http://www.grainfarmer.com/
(www.GrainFarmer.com - Current grain market information and commentary)

http://www.feednet.com/ (FeedNet)

http://www.ag-central.com/
(Ag Central - Current grain market information and commentary )

http://www.tfc-charts.w2d.com/ (TFC Free Commodity & Financial Charts .. and MORE!)

Research results on risk-management / Long-range projections (back to top)

http://afpc1.tamu.edu/ ( Agricultural & Food Policy Center, Texas A & M)

http://usda.mannlib.cornell.edu/cgi-usda/subj.cgi?Agricultural%20Baseline%20Projections
(From USDA) List by Subject: Agricultural Baseline Projections

http://usda.mannlib.cornell.edu/data-sets/baseline/94005/
(From USDA) Agricultural Baseline Projection Tables (94005)

General and financial news (back to top)

http://ianrwww.unl.edu/usnews.html (World news sources)

University market outlook and forecasts (back to top)

http://www-agecon.ag.ohio-state.edu/agrisk/
(AgRisk Innovative Decision Support for Agricultural Risk Management)

http://www.econ.iastate.edu/agrisk/
(Managing Risks and Profits Website at Iowa State University)

http://www.econ.iastate.edu/outreach/agriculture/periodicals/ifo/
(Iowa Farm Outlook Bi-weekly Newsletter)

http://www.agrisk.umn.edu/ (National Ag Risk Education Library)

http://www.agric.gov.ab.ca/index.html
(Alberta Agriculture market and weather information)

http://www.msu.edu/user/hilker/ (Jim Hilker's Market Outlook and Probabilistic Price Forecasts for Livestock and Grains - Michigan State University)

http://www.ag.ndsu.nodak.edu/cow/ (NDSU livestock market forecasts & strategies)

http://www.wisc.edu/dairy-profit/ (UW-Center for Dairy Profitability)

USDA market outlook and projections (back to top)

http://www.mannlib.cornell.edu:80/cgi-usda/agency.cgi?waob
(USDA World Agricultural Outlook Board : U.S. & World Supply-demand Projections)

http://www.mannlib.cornell.edu:80/cgi-usda/agency.cgi?ers
(USDA Economic & Statistical Reports)

http://www.econ.ag.gov/epubs/pdf/agout/archives/ (USDA Agricultural Outlook Report)

Historical and current crop & livestock data (back to top)

http://www.usda.gov/nass/ (National Agricultural Statistics Service)

http://lmic1.co.nrcs.usda.gov/ (Livestock Marketing Information Center)

http://www.fas.usda.gov/currwmt.html (USDA Foreign Ag Service, current reports)

http://www.fao.org/ (United Nations Food & Agricultural Organization World Production & Trade Reports)

http://www.census.gov/ftp/pub/cir/www/m20j.html (U.S. Census Bureau:Oilseed Crushings)

http://usda.mannlib.cornell.edu/data-sets/general/ (USDA Economic data bases)

http://www.fas.usda.gov/ (USDA, Foreign Agricultural Service reports)

http://usda.mannlib.cornell.edu/ (To get USDA Ag Prices, enter Agricultural Prices into search engine and hit enter)

http://www.bog.frb.fed.us/releases/h15/update/ (Kansas City Fed. Reserve: Current & historical interest rates)

http://151.121.3.140/export-sales/esrd1.html (USDA Weekly Export Sales Reports)

http://porla.gov.my/ (Malaysian Palm Oil Production)

http://www.agecon.purdue.edu/extensio/gdata.htm (Purdue Univ. Historical Crop Data)

Commodity Futures Trading Commission (back to top)

http://www.cftc.gov/

Historical and current U.S. & global weather (back to top)

http://usda.mannlib.cornell.edu/reports/nassr/field/weather/
(USDA Crop & Weather Bulletin)

http://nic.fb4.noaa.gov/products/analysis_monitoring/enso_advisory/index.html
(EL NIŅO/SOUTHERN OSCILLATION (ENSO) DIAGNOSTIC ADVISORY 98/10)

http://wwwagwx.ca.uky.edu/ (University of Kentucky Weather Center—National & Regional weather info.)

http://wwwagwx.ca.uky.edu/ (U.S. High Plains Climate Center)
http://wwwagwx.ca.uky.edu/ (Palmer Drought Index)
http://wwwagwx.ca.uky.edu/ (Five U.S. Regional Climate Centers)
http://wwwagwx.ca.uky.edu/ (Crop Moisture Index)

http://yabae.cptec.inpe.br/products/previsao_tempo/anaprevi.html
(South American Weather)

http://meteora.ucsd.edu/%7Epierce/elnino/elnino.html
(El Niņo Forecast SIO Climate Research)

http://groundhog.sprl.umich.edu/ (Local, regional, national and international weather—current & forecasts)

http://www.ems.psu.edu/wx/wiscimages/G8IR.GIF
(NOAA Weather -- Current satellite image)

http://www.weather.com/weather/maps/forecast/amfcst_440x275.html
(Weather.com - Short-term Weather Forecasts, regional, national, and international)

http://vortex.plymouth.edu/usamap.html
(PSC Weather Center Interactive Map / current weather—point & click map)

http://www.fas.usda.gov/pecad/weather/weekly.html
(FAS Online - Weekly Precipitation Maps)

http://www.pmel.noaa.gov/toga-tao/el-nino/1997.html
(NOAA / 1997-1998 El Niņo and La Niņa Information)

http://nic.fb4.noaa.gov:80/products/ (NOAA Climate Prediction Center Products)

http://www.geos.edinboro.edu/~bullock/METEOR_LINKS.HTML
(Edinboro University of Pennsylvania - Geosciences Weather Page - has Current Weather Radar Maps)

http://asp1.sbs.ohio-state.edu/fcstimages.html#ecmwfmodel
(World & U.S. weather forecasts)

(back to top)

End of Supplementary Material

Introduction | MRP Introduction
Universities and Agribusinesses |Table of Contents | or Go to Modules :

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Supplementary Material