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BRANDT Hires Mid-South Territory Sales Manager

December 27, 2012 | Posted in Manufacturer News
BRANDT, a leading manufacturer of agricultural specialty products, announced that Jay Turner has joined the company as Mid-South Territory Sales Manager. Turner will lead BRANDTs Specialty Formulations sales initiatives in Western Tennessee, Arkansas, Louisiana, Mississippi, reporting to Gregory Jackson, Eastern Seaboard Regional Manager.
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Farmers' Debt Ratios Continue to Improve

December 21, 2012 | Posted in Data & Forecasts
Source: http://www.ers.usda.gov
The debt-to-equity ratio and the debt-to-asset ratio are major indicators of the financial well-being of the farm sector. The debt-to-equity ratio measures the relative proportion of funds invested by creditors (debt) and owners (equity). The debt-to-asset ratio measures the proportion of farm-business assets that are financed through debt.
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Change in Farm Net Cash Income Varies by Commodity Specialization

December 21, 2012 | Posted in Data & Forecasts
Source: http://www.ers.usda.gov

Although 2012 average net cash income (NCI) for all farm businesses is expected to stay near its 2011 level, many farm businesses are expected to experience large changes. Farm businesses that specialize in mixed grains; wheat; and soybeans and peanuts are expected to experience a 24-28% increase in average NCI due to strong grain prices and insurance indemnities.


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Brazil Now World's Leading Exporter of Soybeans

December 21, 2012 | Posted in Data & Forecasts
Source: ERS website
In recent years, Brazil's production of soybeans and soybean products have risen sharply as most areas of Brazil have seen rapid increases in area planted to soybeans and rising yields. Relatively high profits for soybean producers are expected to lead to an average increase in planted area of about 2% per year over the next decade, with increasing soybean plantings in the Cerrado region and expansion extending into the Legal Amazon region of Brazil.
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Base Acreage, Direct Payment Rates Vary by Commodity

December 21, 2012 | Posted in Data & Forecasts
Direct payments are farm program payments that are based on historical cropping patterns of major commodities, or "base acres," with per-acre rates fixed in legislation and not linked to current production or market prices. Direct payments per acre vary significantly by commodity. In 2008, rice and peanuts received the largest direct payments per acre ($96.25 and $45.85, respectively).
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