March 15 is the deadline to purchase crop insurance for the 2016 crop year for corn and soybeans. USDA Risk Management Agency (RMA) recently announced the 2016 established YP, RP and RPE prices: $3.86 per bushel for corn and $8.85 per bushel for soybeans....More
Modern hybrids maintain per-plant yield in environments with low nitrogen, can bounce back from mid-season stress and have an improved ability to take up nitrogen after silking, even if they suffered from nitrogen deficiency during flowering....More
Commodity Classic is always one of my favorite events. There is so much information to take in; it's a bit overwhelming. We've pared down what we've learned so far while in New Orleans, and are sharing some of the best things we've learned, from weed resistance issues and agvocating to a money-back guarantee on prescription services.
Corn bears continue to talk about the importance of the MAY16 contract holding "psychological support" at or slightly above $3.50 per bushel. Many insiders continue to believe a technical breakdown below this level could trigger a sell-off to around $3.20....More
Higher food prices, a significant boost in greenhouse gas emissions due to land use change and major loss of forest and pasture land would be some results if genetically modified organisms in the United States were banned, according to a Purdue University study....More
With this list of potential reductions, including land rent, capital expenses labor and other costs, hopefully our producer focus groups provided some ideas on which you will expand. An economic reset offers the opportunity to re-evaluate and improve your operation both for short-term and long-term sustainability....More
In the 5 Ag stories to read this week, get some insight into crop insurance and risk management for 2016. Learn about the value of cover crops and see the latest crop values summary from USDA. Read about an increase in conventional corn use and enjoy some "You might be a farmer if…" jokes.
Low prices continue to impact farmers across the Corn Belt. In order to break even, many farmers are looking at cutting costs. Here are some of our best tips and ideas for cutting costs on the farm, from specific ideas, to fertility management to analyzing data.
In the 5 ag stories to read this week, brush up on Anthracnose management and get tips for keeping your stored grain in good condition as temps fluctuate. Read the latest profit projections and some considerations when choosing crop insurance. Finally, enjoy a list of things that irritate farmers.
I believe that your data is the only place to look to make cost-cutting decisions. These examples about which farms to farm, necessary traits and fertilizer application use data to help farmers make choices on which expense to cut on the farm....More
As a globally interconnected industry, those in agriculture must continue to watch economic factors like manufacturing, oil, grain supply, land sales, taxes, employment and others. The economic reset is established, but outside factors will always bear some influence....More
Due to the current tight margins in crop production for the 2016 crop year, some farmers are contemplating reducing crop insurance coverage to save on premium costs. While there may be a small savings in the premium costs per acre, that decision could add considerable risk to the farm operation for the coming year....More
Do you have corn or soybeans in storage? Join the crowd – it seems that everybody has grain in storage. And everybody is waiting for the same thing; a market rally that will reward patience with a better corn and soybean prices....More
In the 5 agriculture stories to read this week, use an online calculator to help determine profitable delivery options and read the latest on farm incomes and land values. Keep an eye out for the USDA planting intention survey and use your phone to scout crops. Finally, enjoy a cow heart for Valentine's Day!
The herbicide package used on all Enlist crops, called Enlist Duo, is a new formulation containing glyphosate and a new 2,4-D choline with Colex-D drift reduction technology. “We feel it is important to get this technology into the hands of farmers despite some current foreign import approval limitations," says Ryan Keller, Enlist field specialist....More
March 15 is the deadline to purchase crop insurance for the 2016 crop year. Profit margins for crop production this year are the tightest they have been for several years, which makes the 2016 crop insurance decisions even more critical....More
Farmers should take field history into account in 2016 regarding both insect and disease risks, says Kevin Sloane, technical seed manager for WinField in Viroqua, Wis. “Make specific plans on a field-by-field basis to increase odds for better return on investment, especially with current low commodity prices.”...More
In the 5 ag stories to read this week, learn about corn production challenges, and Northern corn leaf blight control. Sign up for the Conservation Stewardship Program and read about improving management zones and variable rate. Finally, enjoy some farm-related ads from the 1950s.
The decision to let land go or hold off on a needed purchase is never easy, but a clear view of the bottom line and everything that gets you there can help. Using risk-management, profitability and planning software tool GrainBridge, a Missouri farm has improved its overall business view....More
I remain nervous about the outside macro space, slowing global growth and the fallout in crude oil. The "weather bull" inside us all continues give hope, but have to realistically ask yourself, "How much am I willing to bet on that unknown?"...More
The projected cash corn price for the 2015 crop, which is now in storage, is expected to remain at fairly modest levels until next summer, and expected prices for the 2016 corn crop are in a similar range. These price projections suggest that farm operators may need to adjust grain marketing plans and risk management strategies for 2016 and beyond....More
In the 5 ag stories to read this week, read about the benefits of SCN-resistant varieties and access a new online crop/climate tool to help preplanting decisions. Learn some strategies for risk management and Palmer amaranth management. Finally, follow us on Twitter.