Updated market analysis for Marketing Club meetings the week of December 13, 2010

1. MARKETING 2010 WEEK OF December 13, 2010

6. March US$ Index

10. http://www.youtube.com/watch?v=n3Rq0I1vweY

38. 8.40 9.50 10.60

39. 9.50 6.70

59. SOYBEANS Per Acre Notes: Market Yield 26 Market Price + LDP: 11.45 Market Revenue 297.7 DIRECT COSTS -Seed 51.63 -Herbicides 14.50 -Fungicides 0.00 -Insecticides 7.00 Soybean aphid and/or spider mite insecticide -Fertilizer 13.44 -Crop Insurance 19.70 -Fuel & Lubrication 17.32 -Repairs 16.46 -Drying 0.00 -Miscellaneous 6.50 -Operating Interest 3.66 SUM OF LISTED DIRECT COSTS 150.21 INDIRECT (FIXED) COSTS -Misc. Overhead 6.54 -Machinery Depreciation 18.40 -Machinery Investment 11.02 -Land Charge 43.30 SUM OF LISTED INDIRECT COSTS 79.26 SUM OF ALL LISTED COSTS 229.47 RETURN TO LABOR & MGMT 68.23

60. CANOLA Per Acre Notes: Market Yield 1610 Market Price + LDP: 0.22 Market Revenue 354.20 DIRECT COSTS -Seed 42.50 -Herbicides 16.00 -Fungicides 0.00 Fungicide for white mold would cost about $18 -Insecticides 0.00 -Fertilizer 83.63 -Crop Insurance 16.20 -Fuel & Lubrication 15.25 -Repairs 14.68 -Drying 0.00 -Miscellaneous 1.50 -Operating Interest 4.74 SUM OF LISTED DIRECT COSTS 194.50 INDIRECT (FIXED) COSTS -Misc. Overhead 6.28 -Machinery Depreciation 17.07 -Machinery Investment 10.01 -Land Charge 43.30 SUM OF LISTED INDIRECT COSTS 76.66 SUM OF ALL LISTED COSTS 271.16 RETURN TO LABOR & MGMT 83.04

68. 4.75

69. 5.25

70. 4.50 5.50 50%

74. CORN Per Acre Notes: Market Yield 97 Market Price + LDP: 4.28 Market Revenue 415.16 DIRECT COSTS -Seed 69.16 -Herbicides 14.50 -Fungicides 0.00 -Insecticides 0.00 -Fertilizer 89.02 -Crop Insurance 35.10 -Fuel & Lubrication 25.24 -Repairs 18.58 -Drying 19.40 -Miscellaneous 1.50 -Operating Interest 6.81 SUM OF LISTED DIRECT COSTS 279.31 INDIRECT (FIXED) COSTS -Misc. Overhead 8.49 -Machinery Depreciation 26.47 -Machinery Investment 15.53 -Land Charge 43.30 SUM OF LISTED INDIRECT COSTS 93.79 SUM OF ALL LISTED COSTS 373.10 RETURN TO LABOR & MGMT 42.06

78. http://www.cpc.ncep.noaa.gov/products/predictions/long_range/seasonal.php?lead=3