Tuesday, 30 November 2021 10:16

2022 Corn Base Price and Harvest Price Analysis (3/15 Sales Close Date) Featured

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Updated corn base price and harvest price analysis over 49 years suggest that 63% of the time the harvest price (October Average) will be less than the base price (February Average). Further analysis suggest that the harvest price will not be more or less than 1.4 standard deviations away from the base price at harvest price discovery. This creates an opportunity to establish a price range and use options to credit as much as 15 to 25 cents per bushel back to the producer offsetting crop insurance premium cost.

The 2022 Base Price will not finalize until 2-28-2022.

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Read 260 times Last modified on Sunday, 06 March 2022 17:50
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Stephen was born and raised in Northwest Oklahoma where he grew up working on a farm and ranch. His interest in Agriculture led him to pursue a degree in Agronomy from Oklahoma State University in which he graduated in 2000. During his time at Oklahoma State, Stephen interned for Crop Quest as a Crop Consultant, worked at the Oklahoma State Peanut Labratory, and worked a summer for Refco as a floor runner on the Chicago Board of Trade. Upon graduating he worked back on his farm and for an aerial applicator making chemical recommendations; as well as, directing and managing alfalfa operations. Later Stephen returned to school and recieved an MBA from University of Central Oklahoma. In 2004, Stephen joined AgriLogic, Inc and worked as a Research Analyst performing research, anaylsis, recommendations and writing for contracts with the USDA's Risk Management Agency (Federal Crop Insurance Corporation). Stephen remained at AgriLogic for more than 10 years where he become a crop insurance professional with over 10 years experience in the research and development of innovative risk management products and service, a strategic thinker and leader of many divisions with solid skill set in the areas of private product development, mapping, underwriting, claims, and quantitative analysis. Following his time at AgriLogic, Stephen became the Director of Information Technology at Ag Resource Management, whereby he was responsible for IT strategy and product development of ARM's underwriting technology.

www.linkedin.com/pub/stephen-hardison/4/a42/a5a/
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