Corn Price Forecasting for 2019; Cash Flow Plans

On today’s episode: A look ahead at corn prices – and the likelihood that they won’t rise much – in 2019; remaining vigilant about cash flow amid thin profit margins; ag news; Kansas ag weather forecast for the next week.

Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Eric Atkinson and distributed to radio stations throughout Kansas and as a daily podcast. 

00:01:30 – GRAIN MARKET UPDATE: K-State grain market economist Dan O'Brien centers his comments this week on the corn market:  he reflects on the USDA's latest corn supply-and-demand numbers as well as the corn crop prospects in South America, saying that all things considered, corn prices are not likely to rise much higher in 2019

00:12:59 – CASH FLOW PLANS: K-State agricultural economist Robin Reid talks about developing a cash flow plan for the farm or ranch for this year...she says it is essential for producers to routinely stay on top of that cash flow as profit margins remain thin, and she talks about making adjustments accordingly

00:24:28 – AG NEWS: Eric Atkinson covers the day's agricultural news headlines. 

00:32:47 KANSAS WEATHER: K-State climatologist Mary Knapp reports on Kansas agricultural weather.

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K‑State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K‑State campus in Manhattan.