Dan Kaiser at the University of Minnesota gets lots of questions about using an in-furrow starter fertilizer when corn prices are low. While it does present an added cost at the time, there are also benefits. Kaiser offers these tips when using in-furrow starter on your corn....More
A “kiss of death” to businesses is bringing the younger generation into the business on a manager’s salary, but with hired employee work or skill sets. This principle is accentuated in a volatile economic climate....More
If you hold grain into the summer months hoping for a weather driven rally in prices, may I suggest selling your grain earlier and selectively re-owing the sale with the purchase of call options....More
In the 5 ag stories to read this week, get some tips for prepping your planter this spring, and check out a Bt trait table to get all the Bt info you need. Read a proposed payment limit rule and dig deeper into nitrogen application data. Finally, enjoy 10 reminders that you grew up on a farm.
This spring, let your smart phone help you as you head to the field. Download these apps to calculate seeding rates and fertilizer applications, as well as input calculators. Track growing degree days and field operations, and get fertilizer rates. Most of the apps are free, and most are available for iPhone and Android-based phones.
We need to take the acreage report with some caution, says Sterling Liddell, vice president, food and agribusiness research, Rabo AgriFinance. In the USDA acreage report released March 31, corn acres weren't a bullish surprise, and soybeans were, he says, but the report is a baseline going forward....More
Handling employee issues in a farm business, particularly a family-run farm business, is tricky. Sometimes, a meeting is a better choice than an email. But treating all employees like employees, and not family, is a must....More
As has been the trend in recent years, average 2015 custom rates for farm work are likely to show a small increase, compared to 2015 custom rates. Most custom rates for tillage, planting, and harvest operations in 2015 are listed at 2-5% above the rates for similar operations in 2014, with an average increase of about 3.5%....More
The USDA's much-anticipated March Grain Stocks and Prospective Plantings reports were released today. Those estimates allow for some tweaking of the 2014-15 marketing year corn and soybean balance sheet projections and for developing projections for the 2015-16 marketing year balance sheets....More
Ask yourself these energy-savvy questions: Have you analyzed diesel fuel use per row-crop acre? How much of your energy use adds profit? How much propane do you use to dry 1,000 bushels? What percent of a bushel did you lose in moisture discount?...More
Despite low prices, farmers still need to make a profit when growing corn and soybeans. Increasing yield is key to that profit. From no-till tips to fertilizer choices, healthy soil to on-farm experiments, there are some of our best stories offering tips and insight to increasing corn and soybean yields this growing season.
Oklahoma farmer Brent Rendel exceeded his 100-bushel corn-yield average by 50% with just 75 pounds of nitrogen per acre. His Trimble GreenSeeker canopy sensors saved him $16,250 in sidedress nitrogen on corn by identifying no need for sidedress nitrogen for all his corn (at $25 per acre)....More
The Obama Administration and some members of Congress are currently proposing some major changes in the federal crop insurance program. At the same time, other members of Congress and agricultural leaders are stressing the need to maintain a strong crop insurance program as the centerpiece of a risk protection program for U.S. crop producers....More
There are just days left before farmers have to finalize their farm program choices in the 2014 Farm Bill. For those who still need some explanations, help, tips or further information, we've put together a collection of stories for reference. From farm program basics to cash flow planning and market prices, here is the information you need to help finalize your farm program decision.
In the 5 ag stories to read this week, learn about research to close the corn yield gap, as well as research to help farmers manage runoff and water use. Read 10 ag trends to watch for in 2015, and hear about more effective herbicide applications. Finally, enjoy a segment about the farmer wave.
With USDA projecting an average corn price of $3.50 to $3.60 and soybeans at $9, these times require risk management survivalist mode. Dan O’Brien, Kansas State University Extension grain marketing economist, says the foreign crop production, U.S. weather during planting, the U.S. dollar and other factors may impact prices at any time....More
If Midwestern night temperatures rise by 9 degrees by 2100, as many climate scientists predict, the corn yield/July temperature relationship from Indiana suggests a yield decrease of 2.1 bushels per acre for every degree Fahrenheit increase....More
There's really nothing excitingly bullish in the balance sheet, but the trade is eager to see what type of planting conditions U.S. producers will be forced to deal with. This uncertainty may temporarily prove to be enough to keep some type of price floor in place for new-crop contracts....More
National Ag Week is being celebrated March 15-21 all across the United States, with Wednesday, March 18, designated as National Ag Day. As we celebrate National Ag Week, it is a good time to reflect on all the traditions and advancements that help make the U.S. agriculture industry second to none! Here are some interesting statistics about today’s agriculture industry....More
Emerged weeds have the potential to reduce crop yield. Agronomists and weed scientists recommend using more soil residual herbicides at full use rates to take weed stress off non-residual postemergence herbicides by introducing multiple, effective modes of action, different chemistries and controlling weeds for longer periods of time before they emerge. This strategy is called the Overlap System....More
Managing corn rootworm beetles is much more complex than managing larvae, says Lance Meinke, University of Nebraska entomologist. Adult control is greatly complicated by such factors as extended beetle emergence, insect migration, treatment timing, a limited arsenal of foliar insecticides and even the proliferation of herbicide-resistant weeds....More
With December corn futures stuck in the range of $4.05 to under $4.20 per bushel for nearly a month, it appears markets may remain in a lull until the March 31 USDA Prospective Plantings report, say marketing analysts. But a leading university grain marketing economist encourages farmers to be ready to pull the trigger when their target price is reached....More