Corn and Soybean Digest

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Jan. 18, 2012
Article

Secretary Vilsack Signs Historic Agreement with EPA and State of Minnesota Encouraging Farmers to Protect Rivers, Streams and Lakes

Agriculture Secretary Tom Vilsack has announced that the USDA has signed a Memorandum of Understanding (MOU) with the U.S. Environmental Protection Agency (EPA) and the state of Minnesota to develop a new state program for farmers designed to increase the voluntary adoption of conservation practices that protect local rivers, streams and other waters by reducing fertilizer run-off and soil erosion....More
Jan. 17, 2012
Article

New RMA Rule Gives Flexibility in Cover Crop Termination

Farmers have been given more time to terminate their cover crops after the excessively wet spring of last year prevented many of them from doing that in time to meet a crop insurance deadline....More
Jan. 13, 2012
Article

Corn, Soybean Markets Open Lower on Bearish USDA Reports 1

Increases in world grain stocks and estimated 2011 total corn yields surprised grain markets expecting decreases – especially in corn. For the sixth consecutive year, at least one of the "big three" agricultural commodities made a limit move in the futures market following release of the January Crop Production and Stocks reports from the USDA on Thursday (Jan. 12)....More
Jan. 12, 2012
Article

January 2012 USDA Grain Stocks and Crop Production Summary

Today’s USDA reports showed corn stocks down 4% from December 2010, and production down 1% from then. Soybean stocks are up 4% from a year ago, however production is down 8% from 2010....More
Jan. 12, 2012
Article

3 Tips for Prepping Compacted Ground for Planting

Many corn and soybean growers harvested record crops last fall. However, they may be facing compaction issues because of saturated soils at harvest. Combines and grain carts caused deep ruts and severe compaction issues. So what can farmers do to break up that soil and smooth out rough fields?...More
Jan. 11, 2012
Article

2012 Conservation Stewardship Program Sign-Up Extended

USDA's Natural Resources Conservation Service (NRCS) has announced that the fiscal year (FY) 2012 ranking period cutoff for the Conservation Stewardship Program (CSP) has been extended to Jan. 27, 2012. Interested farmers and ranchers have until Friday, Jan. 27, 2012, to complete the initial application form to compete for a spot in the 2012 enrollment class for the program. To sign up, farmers should visit their NRCS local service center....More
Jan. 11, 2012
Article

Farm Transition Planning: Focus on Long-Term Farm Needs

You’re involved in the day-to-day operation of your farm – making decisions, meeting deadlines, planning for next year. You’re up to your ears in machinery maintenance, input purchases and marketing – not to mention getting this season’s crop harvested. That’s why it can be challenging to step back from the fires you’re putting out today to think about a bigger picture: your farm’s legacy....More
Jan. 9, 2012
Article

South American Weather, USDA Reports Affecting Corn, Soybean Prices

Corn and soybean prices declined sharply in mid-November and remained at the lower level through mid-December. From mid-December through early January, the cash price of corn in central Illinois increased by 78¢ while the cash price of soybeans increased by $1.21/bu., says University of Illinois Agricultural Economist Darrel Good....More
Jan. 6, 2012
Article

Seasonal Fertilizer Prices: No Predictable Pattern

Graphs presented here show monthly fertilizer prices beginning in the fall prior to planting through spring and summer. From fall 2008 though summer 2011, prices generally decreased from fall through spring. This decreasing pattern exists primarily because of the dramatic price decreases occurring in 2008-2009. Comparing price patterns across all three years does not suggest a predictable pattern between fall and spring prices....More
Jan. 4, 2012
Article

Get Ready For Income Taxes Part 3: Reduce Income Liability

What will be your major income tax challenge for the year? For most farmers, it will be high income in 2011, based on good yields in 2010 and high market prices in 2011. The combination pushed net farm income higher than it had previously been, and the IRS will want to be paid on March 1. However, one allowance that the IRS provides may provide an opportunity to reduce your tax liability for 2011....More
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Commentaries and Blogs
Be Careful of Off-Farm Siblings
by David Kohl
Posted 3 days ago
in CSD Blogs and Opinions
Does it Feel Like the Late 1970s?
by Kent Thiesse
Posted 3 days ago
in CSD Blogs and Opinions
2012 Black Swans
by David Kohl
Posted 1 week ago
in CSD Blogs and Opinions
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