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173 bushels per acre: Top yield in winter wheat YEN competition

GUELPH – Grain Farmers of Ontario, Michigan State University, Michigan Wheat Program, the Ontario Ministry of Agriculture, Food and Rural Affairs, and the University of Guelph are proud to announce the winners of the 2022-2023 Great Lakes Yield Enhancement Network (YEN) competition.

Now in its third year, the Great Lakes YEN project has been instrumental in fostering knowledge exchange among farmers seeking innovative methods to enhance their winter wheat yields. This year’s Great Lakes YEN project participants will come together in January for wrap-up meetings, providing them with a valuable opportunity to connect and share successful farming practices with their peers.

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Grain Market Outlook Price Prospects for 2024

Video: Grain Market Outlook Price Prospects for 2024

Joe Janzen and Scott Irwin of the University of Illinois provided an in-depth analysis of the grain market outlook for 2024, including price forecasts, global supply and demand trends, and marketing implications for corn and soybean producers.

Key topics covered:

Review of 2023/24 USDA February WASDE report results Old and new crop corn and soybean balance sheet forecasts Export sales pace comparisons to previous years South American soybean production estimates Impact of input costs and interest rates on marketing Benchmarking farm-level marketing performance As grain prices face downward pressure in 2024, the presenters emphasized the importance of having an active marketing plan in place, rather than a 'store and ignore' approach. They provided insight into strategies for forward contracting, making new crop sales, and capturing opportunities in a volatile market environment.

Overall, an excellent webinar reviewing the latest market analysis and offering actionable strategies for crop producers facing a more challenging economic climate this year.