Outstanding Ag-Web Summaries
Ayden
Mrs. Calvin
AG – 8
14 January 2013
“Oil Outlook Could Crimp Corn Production”
The price for crude oil is dropping die to strong production. It is said that the prices will continue to decrease throughout the rest of 2013 and even into 2014. If the price continues to lower itself like it’s predicted to, it will in turn have a great negative impact on the corn market. The low prices of crude oil are making the price of natural gas increase which affects corn greatly. "If natural gas prices are going back to 2011 levels, that would have a positive effect on fertilizer prices, which would be negative for corn producers," Karl Jodock says. "These numbers pinch corn production from both sides." The outcome for the future is still just speculation; however, it is a big deciding factor for corn farmers and their profit.
Becca
Ag Summary Agweb.com
Who’s Ready for a Fresh Start in 2013? Summary
Every year there’s a new, fresh start in the Agriculture markets. There’s great expectations and hopes for low prices of America’s farmers. Farmers and marketers are not sure what this year has to bring, all that has been seen are storm clouds. The macro economy is still uncertain, but many marketers are suggesting we are going to have a cyclical down turn. Others say we are in the end of a down term and will be soon rising up. But both sides argue that the economy has been in a huge downfall and will be hopefully rising up this year. No matter which side you agree with you can definitely know that the economy has gotten worse over the years and if it doesn’t get better soon prices will be at a new rising price for agriculture products. As the years go on more and more wants and needs for grains, oilseeds, pork, and beef grow. As the rest of 2013 continues many people wonder what and how the economy will turn out like. But no one knows so will just have to wait and see.
Fuel up to Play 60 Video Contest Group 1
Ayden
Mrs. Calvin
AG – 8
14 January 2013
“Oil Outlook Could Crimp Corn Production”
The price for crude oil is dropping die to strong production. It is said that the prices will continue to decrease throughout the rest of 2013 and even into 2014. If the price continues to lower itself like it’s predicted to, it will in turn have a great negative impact on the corn market. The low prices of crude oil are making the price of natural gas increase which affects corn greatly. "If natural gas prices are going back to 2011 levels, that would have a positive effect on fertilizer prices, which would be negative for corn producers," Karl Jodock says. "These numbers pinch corn production from both sides." The outcome for the future is still just speculation; however, it is a big deciding factor for corn farmers and their profit.
Becca
Ag Summary Agweb.com
Who’s Ready for a Fresh Start in 2013? Summary
Every year there’s a new, fresh start in the Agriculture markets. There’s great expectations and hopes for low prices of America’s farmers. Farmers and marketers are not sure what this year has to bring, all that has been seen are storm clouds. The macro economy is still uncertain, but many marketers are suggesting we are going to have a cyclical down turn. Others say we are in the end of a down term and will be soon rising up. But both sides argue that the economy has been in a huge downfall and will be hopefully rising up this year. No matter which side you agree with you can definitely know that the economy has gotten worse over the years and if it doesn’t get better soon prices will be at a new rising price for agriculture products. As the years go on more and more wants and needs for grains, oilseeds, pork, and beef grow. As the rest of 2013 continues many people wonder what and how the economy will turn out like. But no one knows so will just have to wait and see.
Fuel up to Play 60 Video Contest Group 1