Unfortunately, human interaction is often an overlooked skill. Whether it is a farmer, rancher, lender, supplier or agribusiness professional, the art of one-on-one interactions can be a competitive advantage....More
. The May report showed slightly lower corn ending stocks for 2015-16, and significantly lower soybean ending stocks, as compared to the April Report. Corn stocks are expected to show a 19 percent increase by the end of the 2016-17 marketing year, while the ending stocks for soybeans are expected to decrease by 24 percent during that time....More
In the 5 ag stories to read this week, download an app to help with soybean replanting decisions and get insight into late corn emergence. See what impact marketing gains will have on your 2016 budget and scout for early-season corn pests. Finally, get help drying your soggy soil.
Planting may be in the front of everyone’s mind, but farmers should not lose sight of nitrogen management, particularly after the recent rains. With the extra moisture, water movement through the soil creates reason for nitrogen leaching concerns....More
Now that interest rates have increased, many producers want to know whether they should fix interest rates on their loans or continue on with a variable rate. Here are five considerations when making that choice for your farm loan....More
Corn exports may exceed the current USDA projection, but the decline from exports of a year ago contributes to prospects for ample year-ending stocks and the continuation of relatively low corn prices....More
In the 5 ag stories to read this week, check for seedling diseases and get new nitrogen recommendations. Read the latest on the ag economy and tips keeping weed spray fails from happening on your farm. Finally, enjoy a tribute to Prince from a farmer.
In a high-yielding, irrigated environment, one broken nozzle 1,000 feet from the center affects water delivery on nearly two acres, and “could cost you $600-1,000 in lost corn yield,” says Joshua Stamper, University of Minnesota Extension irrigation specialist....More
The best approach to a retirement decision starts personally and requires examination of several factors. A plan that is thoughtful and thorough in considering goals, health, expenses and income is a good start in the right direction....More
Frequent rainfall events during the last 10 days of April, along with saturated soils, has halted corn and soybean planting in many areas of the Upper Midwest. Some portions of the region have a significant amount of corn planted, while other areas have barely started....More
Considerable debate surrounds the U.S. crop insurance program, including its cost, role in farm conservation and impact on farm management and farmland values. Experts at the University of Illinois examined the broader considerations that underpin these specific debates.
Although the price of nitrogen fertilizer has fallen in the past year, the lower price of corn means that decisions about nitrogen management need to be made carefully, with an eye towards maximizing the return on investment for this important input....More
Although the concept of a custom farming agreement is simple, close communication between the custom operator and the landowner is essential. A written contract for the custom farming agreement should definitely be prepared....More
Corn bulls say upcoming rounds of wet weather in the U.S. might delay planting in some key production areas and should be considered for a bullish price. Bears say the weather is nearly perfect for recently planted seed and the overall planting pace shouldn't be negatively impacted....More
Road Warrior David Kohl answers your questions about the lending landscape, farm transition, land values and return on investment, offering this advice: Even with suppressed prices and volatile markets, experience mixed with a good manager can help an agricultural business successfully compete in today’s economic environment....More
this may be a year to pay close attention to grain market changes during planting season. The soybean market appears to be offering some very favorable pricing opportunities for any remaining 2015 soybean inventory....More
Herbicide application accuracy and efficacy is easy. All you have to do is follow the rules of right tip, right pressure, right speed, right rate and right application conditions. Fail on any one rule and you may face a costly re-spray or even lose control for the season....More
Only a small shortfall in the U.S. average corn yield below trend would be required to eliminate the current modest surplus of corn. Second, the market appears to be taking a wait and see attitude about yield prospects with little production risk reflected in new crop corn prices....More
We begin this snapshot of the 1970s – the fourth decade of Soybean Digest – by examining back issues from November 1974 through October 1975. Agriculture and farm life in the 1970s saw huge change, prosperity, inflation, loss of price supports, rising land rates – all leading into the farm crisis of the late-1970s into the 1980s.
In the 5 ag stories to read this week, download the latest Bt trait table to help you keep info straight and sign up to help with fertilizer trials. Watch the educational sessions from Commodity Classic and read about success in eliminating unprofitable acres. Finally, enjoy a short clip of Tom Vilsack sharing why we're the greatest nation on Earth.