Issue 23
Marketing Guide
1999

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Prairie Grains is the official publication of the Minnesota Association of Wheat Growers, North Dakota Grain Growers Association, South Dakota Wheat, Inc. and the Minnesota Barley Growers Assocation.

Copyright Prairie
Grains Marketing Guide
Summer 1999

 

Risk  management and marketing information online

By Tracy Sayler

 

The following might not be the most definitive listing of online marketing and risk management information, but it's pretty darn close. 

Commodity Exchanges
Minneapolis Grain Exchange--- http://www.mgex.com
Chicago Board of Trade--
http://www.cbot.com
Kansas City Board of Trade--
http://www.kcbt.com
Chicago Mercantile Exchange--
http://www.cme.com
Winnipeg Commodity Exchange --
http://www.wce.mb.ca/market/activepages/market.htm

Land-Grant Universities
Agricultural Market Information Virtual Library (Michigan State Univ.)
http://www.aec.msu.edu/agecon/fs2/market/contents.htm

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

Agricultural Market Advisory Services, Univ. of Illinois (Be sure to visit "Ask An Expert" link.  Also includes pricing performance evaluations of market advisory services)
http://www.aces.uiuc.edu/~agmas

Managing Risks and Profits (Iowa State)
http://idea.exnet.iastate.edu/idea/marketplace/risk-mgmt/index.html

NDSU Crops and Farm Management Topic Index
http://www.ag.ndsu.nodak.edu/subcrop.htm

Risk Exposure and Risk Management with Various Grain Pricing Tools (Univ. of Ill. and Iowa State Univ.) http://idea.exnet.iastate.edu/idea/marketplace/risk-mgmt/module/m odule7.htm

Farm Decision Outreach Central (FARM.DOC)
http://web.aces.uiuc.edu/farmdoc

University of Maryland Grain Marketing On-Line Library (good basic info)
http://www.arec.umd.edu/areces/Grain/Library.htm

University of Nebraska Institute of Agriculture and Natural Resources (IANR)
http://www.ianr.unl.edu/pubs/farmmgt

AgriGator (Univ. Of Florida)Market News
http://www.ifas.ufl.edu/WWW/AGATOR/HTM/AGMARKET. HTM

Farmer's Guide To The Internet (TVA Rural Studies, Univ. Of Kentucky)
http://www.rural.org/Farmers_Guide/Agriculture/Market_
Information.htm


Midwest Market Analysis (South Dakota State University)
http://www.abs.sdstate.edu/abs/mma.htm

National Ag Risk Education Library maintained by the University of Minnesota's Center for Farm Financial Management
http://www.agrisk.umn.edu

Texas Ag Extension Service International Agribusiness Marketing and Trade Resource Page 
http://agrinet.tamu.edu/intlagmktg/index.htm

Texas Risk Management Education Program
http://trmep.tamu.edu/guide.htm

Government information
Commodity Futures Trading Commission (click on "Reports and Publications" link for online publication, "Agricultural Trade Options—What Agricultural Producers Need To Know")
http://www.cftc.gov

USDA National Ag Statistics Service
http://www.usda.gov/nass/

USDA Ag Marketing Service
http://www.ams.usda.gov/

USDA Economic Research Service
http://www.econ.ag.gov/

ERS Report "Managing Risk in Farming:  Concepts, Research, and Analysis"
http://www.econ.ag.gov/epubs/pdf/aer774/

USDA World Ag Outlook Board
http://www.usda.gov/agency/oce/waob/waob.htm

USDA Risk Management Education (good online risk management fact sheets)
http://www.usda.gov/rma/rme/index.html

Commercial information services
AgCast (market info via computer) http://www.agcast.com
Doane Agricultural Services
http://www.doane.com
DTN AgDayta
http://www.agdayta.com
ProFarmer
http://www.profarmer.com
Reuters Inform (real-time market data and prices)
http://www.reutersinform.com/irtmkt/inform.html
Successful Farming
http://www.agriculture.com/

Grain organizations
Minnesota Wheat/ND Grain Growers http://www.smallgrains.org
Mont. Grain Growers Association MarketManager
http://www.montanamarketmanager.org
North Dakota Wheat Commission
http://www.ndwheat.com

Miscellaneous
AgriBiz Markets and Analysis (good links to market quotes, resources, decision tools) http://www.agribiz.com/markets.html
Canadagrain
http://www.canadagrain.com
Crop Insurance Handbook
http://www.indy.net/~cropins/handbook.html
Futures and Options Resources on the Web
http://w3.ag.uiuc.edu/ACE/ofor/resource.htm
Farm Business Management Information Network (includes link to market bulletins)
http://fbminet.ca/index-e.htm
The Grains World-Wide Web Virtual Library 
http://www.grdc.com.au/vl/index.html
The Grain Marketing Page (a gold mine of private and public links)
http://www.grainfarmer.com/grainmarkets.htm

 

Send for free publication, "Building a Risk Management Plan"

The USDA Risk Management Agency publication "Building a Risk Management Plan" includes a good list of risk management resources including extension service materials, multimedia, commodity exchange resources, web sites, books, and government information.  It also includes easy-to-read articles on risk management and marketing topics.  To receive a free copy of the revised edition of the August, 1998 publication, email a request to RMA_mail @wdc.fsa.usda.gov.  It may also be found online at http://www. usda.gov/rma/rme.  If you do not have email, contact your local extension service, nearest USDA office, the North Dakota Grain Growers Association at 1-800-932-8822, or the Minnesota Association of Wheat Growers, 1-800-242-6118.