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Welcome!

Beacon Ag Group, a department of Beacon Credit Union, a financial services company, is committed to the needs of agriculture. We employ creative approaches and old-fashioned personal service to help you determine the best solution for your needs. We strive to be your trusted provider for loans and crop insurance. At Beacon Ag, we are ag people serving ag people.

What's New at Beacon Ag?
What's New at Beacon Ag?

The February 2018 Revenue Management Update explains the bold moves made recently by the USDA and covers the managed fund position in corn futures.

The January 2018 Revenue Management Update reviews some bearish USDA numbers and suggests price risk management strategies to consider for a few crops.

The December 2017 Revenue Management Update covers the recent changes from USDA and looks at the large structural change in the corn futures market.

The November 2017 Revenue Management Update contains a report on the surprising USDA crop yields and raises two big questions for the ag outlook for late 2017 into 2018. 

The October 2017 Revenue Management Update features a recap of the latest USDA Crop Production & Supply/Demand reports, plus thoughts from Rich Morrison, a risk management analyst on managing risk in 2018.

The August 2017 Revenue Management Update provides a recent USDA Crop Production report (which includes some negative surprises) and tools that producers can use to manage price risk going forward, including revenue insurance. 

The July 2017 Revenue Management Update shows the market's reaction to recent USDA reports, and reviews possibilities for corn and soybean stocks going forward through matrixes. 

The June 2017 Revenue Management Update features crop WASDE reports for the month and information on corn/wheat managed funds. 

The May 2017 Revenue Management Update includes the first report of 2017-18 supply and demand estimates from the USDA. 

The April 2017 Revenue Management Update summarizes the latest USDA Supply/Demand Report, along with planting intentions and looks ahead to 2018 corn and soybean scenarios. 

The March 2017 Revenue Management Update provides a recap of recent market activity (including USDA) and highlights private, high-end coverages that can still be added after March 15th.

This February 2017 Revenue Management Update contains an explanation on markets' status, and quick thoughts on strategies for the year ahead.

This January 2017 Revenue Management Update provides an update on the January USDA crop report, including estimates on MYA prices and planted acres.

Twelve Questions for Agriculture in 2016

Local farm operation, with ties to BAG, featured in the winter issue of Indiana Beef Magazine

 

Crop insurance policies have undergone name changes, along with some of their features. Let one of our agents bring you up to speed or click on the Crop Insurance tab in the upper right section of this page to read more.

 
Meet Adam Renbarger,
our Ag Loan Officer in 
Wabash

 

Further Resources
> Purdue Extension Office
> United States Department of Agriculture (USDA)
> Indiana Beef Council
> Indiana Soybean Alliance
> Midwest Dairy Association
> farmdoc (University of Illinois at Urbana-Champaign)
> Indiana State Fair
> Purdue Women in Ag
Purdue Center for Commercial Ag

Local Weather
Interactive Radar

Rushville, Indiana (46173)

Current Conditions: Scattered Clouds
Temperature: 54°F Dew point: °F
Humidity: % Pressure: 30.23 in. Hg
Wind: 7 mph From: Southwest

Forecast

Friday

Hi: 58°
Lo: 43°
Saturday

Hi: 57°
Lo: 43°
Sunday

Hi: 52°
Lo: 32°
Monday

Hi: 54°
Lo: 35°
Tuesday

Hi: 61°
Lo: 43°

Zip Code:

© 2018 Freese-Notis Weather

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Market Snapshot
Market Snapshot
Quotes retrieved on February 23, 2018, 05:41:07 PM CST
Market Commentary
Wheat -

Wheat futures settled as much as a penny higher in CBT, with MPLS and KC wheat down 1 to 2 1/4 cents. All wheat export sales totaled 328,859 MT

Corn -

Corn futures saw most contracts steady to fractionally lower on Friday. A private export sale of 115,000 MT was reported by the USDA to Egypt for

Cattle -

Live cattle futures ended Friday with mixed trade, as nearby Feb was 35 cents lower. Feeder cattle futures were steady to 42.5 cents higher in the

Soybeans -

Soybean futures closed the Friday session with most contracts steady to 4 1/4 cents higher. Soy meal futures were down $1410/ton, with nearby soy

Lean Hogs -

Lean hog futures finished the day with most contracts slightly higher. The CME Lean Hog Index on February 21 was $70.17, down 61 cents from the

Cotton -

Cotton futures were mostly 91 to 187 points in the green on Friday, after seeing a 7.57% increase since last week. Export sales of old crop Upland

Full commentary...
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Important Events
important events

FEBRUARY 2018

Feb 1
Union County Extension Meeting, Fayette/Union County SWCD, Liberty

Feb 6
Crop Production Workshop, Seymour

Feb 6
Montgomery County SWCD Annual Meeting, Crawfordsville

Feb 21
Community Foundation of Jackson County Ag Breakfast, Brownstown

Feb 21-22
Women in Ag Annual Conference, Muncie

Feb 23-25
Indiana Young Farmers Association State Meeting, Clarksville

Feb 27
Huntington County SWCD Annual Meeting, Huntington

See full events calendar...

Crops in Your Area
Diplodia has been found in Indiana corn fields. If you suspect you have any kind of mold or fungus issue in your corn, contact your crop insurance agent immediately to schedule documentation.

Newswire
Newswire

More news...
Ag Education/Tools
More Market News
> Market Calendar
> Newswire
> USDA News &
Reports
Ag Education/Tools

> Futures 101
> Commodity
Symbols
> CME Hedging
Resource Center

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