As corn and soybean prices drop below breakeven levels, we asked farmers: What are your grain storage and marketing plans? From using on-farm storage and carry to selling to ethanol plants and little forward selling, read what farmers in Missouri, Ohio and Minnesota are planning for their corn and soybeans after harvest this fall.
Corn maturity and soybean leaf drop this fall are close to average rates. Corn harvest and soybean harvest, however, are significantly behind the average. Despite that, crop conditions continue to hold steady for both corn and soybeans....More
As corn and soybean harvest progresses across the Corn Belt, be cautious when driving on wet fields, as ruts can cause compaction. The University of Nebraska-Lincoln offers 10 tips to avoid soil compaction during corn and soybean harvest....More
Average rental rates for 2014 were as high as, or even higher than, 2013 land rental rates in most situations across the region. Farm operators and landlords are now beginning the process of negotiating land rental contracts for the 2015 crop year, and are trying to arrive at equitable rental rates....More
Five agriculture stories this week offer tips for manure management and sulfur application. Read about propane supplies this fall, and get insight and tips for financial success on the farm during lean times. Also, watch the farm documentary Farmland on Hulu.
What is your data worth? Indiana farmer and software engineer Aaron Ault notes that data exchanged in commercial agriculture can be compared to Google or Amazon—and as data sharing increases, the cost of services will decrease. "If they couldn't use our data, those services would be way out of line,” he says....More
Weather conditions this summer provided for excellent growing conditions for corn across much of the Corn Belt. However, a wetter, cooler September is slowing dry down in many areas. This will likely lead to more corn being dried after corn harvest, says Klein Ileleji, Purdue University....More
I could not be more excited to get the news that the Farmland movie is on Hulu and Hulu Plus! I saw a pre-screen of the film in February at Commodity Classic, and the film was released to a limited screening in theaters in April and May. If you didn't have the chance to see it then, watch it now. Like right now. Stop what you're doing, and watch this incredible film....More
A lot of corn and soybeans in southern Minnesota have turned color, and appear to be mature; however, much of this visual appearance was the result of damage following the early frost on Sept. 13 and 14, and not from the natural maturing process of the crop. A limited amount of soybean harvesting has begun in some areas, mainly on some earlier soybean varieties that were planted on a timely basis last spring....More
USDA released their September quarterly stocks report and the markets are lower across the board. No real surprises in my opinion! Some of you however might be surprised when you see the soybean market lower on sub-100 million ending stocks numbers....More
Corn stocks up are up significantly from 2013, and bushels in on-farm storage are up 68% from last year, according to the Sept. 30 Grain Stocks Report from USDA. Soybean stocks, on the other hand, are down about a third from last year, and on-farm stored beans are down nearly 50% from 2013....More
The 5 Ag stories to read this week talk about the possibility of skipping Bt-traited corn in 2015 to help save costs, and offer examples of low returns for 2015. There is also help for making decisions regarding the new risk programs in the 2014 farm bill. Read what farmers learned in 2014, and remember to practice safety this harvest season as National Farm Safety and Health Week comes to a close.
Harry McCune, Walnut, Ill., farms just over 3,000 acres, and grows mostly corn with a few soybean acres. He recently spoke to CSD Managing Editor Susan Winsor about how he is managing his corn crop as corn prices continue to dip. "I think we have to get back to some more basic things," he says. From agronomics, including nitrogen management, to increasing yield, McCune is doing what he can to grow the best corn crop for his land....More
The continued low CBOT corn and soybean prices increases the likelihood of significant 2014 crop insurance indemnity payments for many Minnesota farm operators that have 80% and 85% RP insurance policies in place. Crop insurance payments may not be as widespread in states such as Iowa and Illinois, which are likely to have much higher 2014 corn and soybean yield levels than will exist in much of Minnesota....More
The National Center for Public Policy Research is urging General Mills investors to vote down a shareholder proposal that would direct the company to remove completely safe and nutritious genetically modified organisms (GMOs) from its products....More
The 5 ag stories to read this week include tips on storing grain this fall, as well as a reminder that a solid nutrient balance is important to corn yield, and not just nitrogen. Read about a new soil mapping technology from Purdue, and understand that when benchmarking your farm, it's important to use relevant benchmarks. For a little enjoyment, read about how you know you grew up on a farm when… .
David Friedberg, CEO, Climate Corporation, recently talked to CSD Managing Editor Susan Winsor about using Climate Pro and Climate Basic on the farm. The apps and programs help farmers see growth stages, soil moisture, offer recommendations for harvest based on grain moisture, and more, including field work decisions....More
Corn prices are still low, so Corinne Alexander, Purdue University ag economist, advises storing corn if possible, particularly on your own property. "Keeping crops in on-farm bins, elevators or silos and waiting for market conditions to improve makes the most financial sense," she says....More
Sanctions and trade disruptions in the ongoing Ukraine-Russia dispute have yet to hamper Ukraine’s corn exports, which the U.S. Department of Agriculture (USDA) estimates at almost 800 million bushels for the 2013/14 marketing year....More
When corn was $5, $6 or even $7 per bushel, why didn’t I sell more? When soybeans hovered in the teens, why didn’t I pull the trigger? With 2014 harvest prices projected below $3.50 for corn and $10 for soybeans, many farmers are asking these questions....More
Corn can be significantly wetter with a late harvest, resulting in higher drying costs and mechanical damage to grain. In addition, freezing temperatures occurring before normal crop maturity (i.e., prior to kernel black-layer development) also may reduce corn yields. Consider these management tips from experts at DuPont Pioneer....More
Tim Koosmann switched to strip-till from ridge-till five years ago to capture the efficiencies of phosphorus and potassium banding in continuous corn. Real-time kinematic (RTK) satellite navigation makes it relatively simple, and he’s building long-term soil organic matter and productivity....More
The USDA Crop Production Report released Sept. 11 is projecting record U.S. production in 2014 for both corn and soybeans. Production levels for both crops were increased by about 3% in the latest USDA report, as compared to the August USDA report. USDA left the anticipated harvested acres for corn at 83.8 million acres, and for soybeans at 84.1 million acres, which are unchanged from the Aug. 1 estimate....More